Login Page - Create Account

Support Board


Date/Time: Mon, 16 Sep 2024 19:13:46 +0000



Post From: Heatmap Improvements to be closer to Bookmap

[2024-06-28 16:53:26]
John - SC Support - Posts: 34451
Posted in a different post:
Thank you for getting back to me so quickly. It seems that to get a good "heatmap" (my goal is to replicate what I see with Bookmap) for a stock symbol, I need to keep adjusting the Max and Min Depth Values and the Percent Color Threshold parameters. Otherwise, I end up with charts that either have intense max colors covering the price line or nearly blank charts with minimal depth data displayed. This method works well for a specific stock ticker with appropriate settings, but it doesn't seem like there's a universal setting that works across all stock tickers.

For futures, I trade fewer than three types of contracts, each with their own setups. However, I monitor at least 20-40 different stock tickers, making it impractical to set up different charts for each one.

Please let me know if there are common settings that I could use for stocks, or if the current extent of customization is the best that can be done with the available settings.

Thank you.

There simply is not a single set of settings that will get what you want. You do have t make changes for each symbol based on how that Market Depth data exists.

The options for "Percent of Maximum Depth" were added a few years ago to try and help with this, but then the problem becomes what the maximum depth value is for that ticker, which can be way outside the norm, and the amount it deviates can be different from symbol to symbol, requiring that you made adjustments.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing