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Date/Time: Thu, 13 Feb 2025 23:14:42 +0000



Post From: TPO Initial Balance and Open Timeframe

[2020-12-23 16:10:57]
User230940 - Posts: 121
Hello Sierracharts,

I am staring to use TPO, Inital Balance and Open Timeframe and think some configuration problems came across.

From my understand the Initial Balance time is defined as PreCash Timeframe.
For the US Markets like SP500 it could be the whole overnight session and for the German Market it is 1 our hour before cash session starts.

I the Chart Configuration i defined for the Session Time SP500 00:00 until 22:30:00 GMT+1 and the Evening Session from 22:30 to 23:59:59 GMT +1.

From my Understanding the initial Balance in this configuration is from 00:00 unit 15:29:59 GMT+1 and the Cash is from 15:30 unit 22:30 gmt+1.

Iàm using Letters instead of Blocks.

TPO Letter/Block Time Period Length Unit -> Minutes
TPO Letter/Block Time Period Length -> 30
Initial Balance Range -> 31

This is fine for the Inial Balance, but all the Open* Highlight does not work in this configuration, because the for "Open Time" 00:00 will be used instead of 15:30.

Would it not better to have the possibility to be able to configure a PreSession Timeframe in Chart configuration?

This behaviour is the same for the German Market too. Only with sorter Timeframes.


I tested already with the Session Time Configuration in Chart of:
Session Time 15:30 to 22:30 GMT+1
Evening Session from 22:30 to 15:30 GMT+1

But in this configuration the the whole today overnight Session belongs to the yesterday chart.

What is the best way to configure to be able to have the full session in today my TPO Chart, including the Initial Balance and the Open correctly?


Thanks for your support
Have nice chrismas

regards
carsten