Support Board
Date/Time: Mon, 21 Apr 2025 16:18:48 +0000
Volume Value Area Lines
View Count: 198
| [2025-02-27 13:17:53] |
| User936721 - Posts: 17 |
|
Hello I hope SC users or SC tech can assist or guide. I am using Volume Value Area Lines (and as an alternative TPO Value Area Lines) as levels to monitor in my chart. They are set a 60 min time period, and to draw developing VA lines. This works well - and the VA lines are extremely helpful However, they will reset on each hour (I assume this is the 60 min time period) What I am looking for is that the Volume Value Area Lines (with 60 min resolution and draw developing) are rolling throughout the day, ie they are not reset. Is it possible to do this? Thanks in advance |
| [2025-02-27 16:16:16] |
| John - SC Support - Posts: 39380 |
|
We do not have an option for rolling Value Area Lines.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-02-27 17:50:45] |
| User936721 - Posts: 17 |
|
Hi John, Thanks for the super quick reply. I've trawled through other tools, but I can't find one, or something I could work with. Do you think there is anything that would deliver what I'm seeking? |
| [2025-02-27 18:20:51] |
| cmet - Posts: 690 |
|
If Volume Value Area Lines are outside the Sierra core and the study code is available, can probably add a rolling calc without too much trouble. If it isn't, might still be able to cook something up with a few more details. Are you looking to plot these on 60 minute bars as well, or do you want to apply independently to other time frames (ie: 60 min rolling window on 5 min chart)? If you can show how you're expecting the plot to look on the chart, that would be useful too. Date Time Of Last Edit: 2025-02-27 21:12:22
|
| [2025-02-27 21:03:29] |
| John - SC Support - Posts: 39380 |
|
The Volume Value Area Lines and the TPO Value Area Lines studies are internal studies, so the source code is not available. The only way we can think to do this would be to create a custom study, as that has access to the Volume at Price data, so you can determine the Value Area from that information and do what you want with it. Refer to the following: ACSIL Programming Concepts: Accessing Volume at Price Data Per Bar https://www.sierrachart.com/index.php?page=doc/SierraChartStudyAndSystemProgrammers.php For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-02-27 21:54:44] |
| cmet - Posts: 690 |
|
Not sure if this is what you were looking for but here's a Rolling Volume Value Area custom study. Lets you plot any time frame from 1 to 1440 minutes onto any other chart and determine the % for the value area. Attached image below is 60 min plotted on a 15 minute ES chart using 70%. Yellow line is VPOC. Probably not the most efficient study but maybe someone else can tweak it if you need it faster. Date Time Of Last Edit: 2025-02-27 22:02:36
|
 roll_val_es_f.jpg / V - Attached On 2025-02-27 21:54:10 UTC - Size: 115.93 KB - 33 views  Roll_VAL.cpp - Attached On 2025-02-27 21:54:14 UTC - Size: 3.8 KB - 69 views |
| [2025-02-27 22:07:34] |
| User936721 - Posts: 17 |
|
Thank you I will see if I can use that .cpp file I'll come back and le you know how it goes - again, many thanks |
| [2025-02-27 22:30:09] |
| User936721 - Posts: 17 |
|
Here is what I'm trying to replicate 1 sec chart, yes, fast green line VAH blue line - POC red line VAL VA lines: Draw dev - yes tick / vol - 1 period - mins Period length - 60 vol % 0.7 https://www.sierrachart.com/Download.php?Folder=SupportBoard&download=116126 |
Attachment Deleted. Screenshot 2025-02-27 222207.png / V - Attached On 2025-02-27 22:28:58 UTC - Size: 20 KB - 39 views |
| [2025-02-27 22:43:21] |
| User936721 - Posts: 17 |
|
The SC VA lines works perfectly but as I’m currently using them as dynamic TP / SL levels, it can’t work as each hour they reset and start developing again. I could turn off my dynamic tracking ( then an hour VA line reset would not be a problem, but tracking the TP generally works well
|
| [2025-02-28 02:11:25] |
| cmet - Posts: 690 |
|
What do you mean by "dynamic tracking"? Also, since the Sierra study does not use a rolling window, the plots won't match. I'm assuming you know that already though. If I understand correctly, you want first period (60 mins) to reflect the same developing value lines as the internal study, and then start using a rolling calculation from there that does not reset to the first trades/volume of the 2nd 60 min window? What I posted is basically continuous developing value. This is how it plots against the sierra internal study using the settings above. Yellow arrows are where internal study resets. |
To post a message in this thread, you need to log in with your Sierra Chart account: