Support Board
Date/Time: Mon, 25 Nov 2024 02:49:11 +0000
Post From: TPO calculation and some improvements
| [2024-04-10 15:53:35] |
| John - SC Support - Posts: 36238 |
|
The main issue is that when you combine the "Letter/Block Increment" you are taking the volumes and prices from above/below a certain price level and adding them together. Therefore, the price values that are available to display the POC at are not the same. For your example, 1 tick versus 8 ticks. Let's say we have the following prices: 18274.75 18274.50 18274.25 18274.00 18273.75 18273.50 18273.25 18273.00 The POC could be at any one of these prices, let's say 18273.25. But when you use a increment of 8, the values are combined together and displayed at one price, say 18274.00. So now the POC is going to be at 18247.00. It's also possible for the POC to move to a completely different location when you use a combined increment. This would be due to how the volumes add up together in the range of the values. It's possible that there is some other location where the 8 ticks added together is greater than the sum of the 8 ticks where the POC is located when you use an increment of 1. -- We take all suggestions, but we can not say when we would get to any particular item. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |