Support Board
Date/Time: Sat, 30 Nov 2024 02:35:42 +0000
Post From: Volume Dots and Zooming compatibilites
| [2021-02-10 18:51:59] |
| John - SC Support - Posts: 36350 |
|
There is a fundamental difference between how these two studies work that you need to understand: - Volume at Price Threshold Alert V2: Gives an indicator when the total of the calculated volume at that price exceeds the threshold. - Large Volume Trade Indicator: Only accumulates trades that are larger than the threshold and then displays the indicator for the resulting calculation. For example, a bar has a Bid Volume of 73 and an Ask Volume of 182. - Volume at Price Threshold Alert V2 set to Ask Bid Difference with a threshold of 100: will give an indicator since 182-73 = 109 (>100). - Large Volume Trade Indicator: May give an alert, depending on if any individual Trade is > 100. Most likely, this will not be the case. Also, if you are wondering why you would see a difference in your 1 charts since they only reflect a single trade - your charts are not 1 tick charts. Since they are setup as a 1 tick Range chart, there can be multiple trades that occur within the range of 0.25, and you can see that your bars actually have a range of 0.25 (meaning they stretch from one price point down/up to the next price point. In order to have a true 1 tick chart you need to set your chart to Number of Trades and then use a setting of 1. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |