Support Board
Date/Time: Tue, 04 Mar 2025 21:24:37 +0000
Post From: TPO Value Area Lines differences between Charts
[2021-12-23 18:17:20] |
John - SC Support - Posts: 38369 |
Sorry it took us so long to figure this out, but we had to dig deep in the code to see what was occurring. In the end, what we found is that for the TPO Value Area Lines study there can be differences due to the Chart Type. This occurs because each bar is processed to determine the number of TPOs in that bar (as opposed to the TPO Study that looks at the underlying data). Therefore, if the time for a bar crosses over the TPO Sub Period, then you will be missing the TPOs from that bar. For example, in a 2 minute chart, you are going to have multiple bars that make up a 30 minute period, therefore you would have a bar at 10:28 and 10:30. But in the Point and Figure chart, you may have a bar that extends from 10:27 through 10:32. In this case, the 10:30 period is not found and the TPOs for that period (10:30) are not taken into account. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |