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Date/Time: Fri, 29 Nov 2024 02:01:04 +0000



Post From: Customising an existing Footprint Chart Template

[2023-03-21 01:52:50]
User885565 - Posts: 17
I have inherited a template for the Market Footprint chart which is fantastic and I am hoping to add to it to make it easier to read so as not to have to do mental calculations all the time. Sadly my Sierra Chart “programming” skills are particularly limited, in fact I am quite bamboozled by all the options.

Below, I describe what I would like to do on top my my existing template. Before I get into trying to actually make it happen - would one of the boffins be able to take a look at what I am hoping to do and give me an idea a) whether it is possible or feasable and b) the best way to start the development process.

I am looking to graphically spot order flow and I want to compare volumes diagonally within the candle. So if (for an indication of buying) there were to be, on three consecutive levels, buy volume at the ask was higher or equal than the sell volume at that level AND the sell volume at the bid price (one spread below).

In other words I want to do BOTH of the comparisons that I outline below simultaneously. The numbers marked as BOLD would be coloured in some way on the actual chart itself

Price Sell Volume   Buy Volume
1.006    20  ................  25
1.005    10  .................  5
1.004    20 <----------  30  30>=20 - so marked in bold
1.003    15 <---------- 15  15>=15 - so marked in bold
1.002    10 <----------  25  25>=10 - so marked in bold
1.001    20  ..............  5

AND
Price Sell Volume  Buy Volume
1.006    20  .............  25
1.005    10  .............  5
1.004    20 ......   ----  30  30>=15 - so marked in bold
1.003    15 <---! ----  15  15>=10 - so marked in bold
1.002    10 <---! ----  25  25>=20 - so marked in bold
1.001    20 <---!.........  5

So if this were the case I.e. the 30, 15 and 25 would be in a (say) a light blue box denoting buying outpacing selling volume over a range.

The same would be shown for selling whereby if the sell volume were greater or equal to the same level buy volume AND the buy volume at the associated ask price then those three numbers would be shown in (say) a magenta box.

For example:

Price Sell Volume  Buy Volume
1.006    5  ...............  25
1.005    20  ..............  5
1.004    30 ---------->  30  30>=30 - so marked in bold
1.003    35 ----------> 15  35>=15 - so marked in bold
1.002    30 ---------->  25  30>=25 - so marked in bold
1.001    10  ..............  5

AND
Price Sell Volume  Buy Volume
1.006    5  ...............  25
1.005    20.....   ---->  5
1.004    30 ----! ---->30  30>=5 - so marked in bold
1.003    35 ----! ---->15  35>=30 - so marked in bold
1.002    30 ----! ......  25  30>=15 - so marked in bold
1.001    10   ...........  5

So if this were the case I.e. the 30, 35 and 30 in the sell column would be in a magenta box denoting selling outpacing buying volume over a range.

When a magenta or blue box is shown an alarm is sounded - during the bar formation.

As I mentioned, my question is a) is this possible using Sierra Charts’ existing infrastructure and if so b) what is the best way to get started?

Thanks so much for taking the time to look through my post and many, many thanks in advance for any input you might be able to give.