Support Board
Date/Time: Mon, 13 Jan 2025 05:34:44 +0000
Relative volume question
View Count: 1811
| [2017-03-30 09:23:00] |
| fjgaspar - Posts: 62 |
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Hi, I have seen that the item I am going to ask for has been talked before, but I haven't found a definitive answer, and I don't know how to solve. What I need is to get in Sierra the indicator that Pete Davies, from Jigsaw, calls CSI. It has an apparience that I can't get with Relative Volume Study included in Sierra. Not even close to that. I have played with settings, but I haven't been able to make it work. I get Relative Volume indicator plotted, but not in the way I look for. Can anyone tell me which settings have I to choose to get something close, if not possible the same, to that CSI Ninja indicator? This is the indicator I refer to: http://www.jigsawtrading.com/blog/relative-volume-average-tick/ Thanks |
| [2017-03-30 09:52:21] |
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We could add support for what they are doing. They are showing the actual volume difference of the chart bar compared to the historical average rather than a percentage comparison.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-03-30 10:15:59] |
| fjgaspar - Posts: 62 |
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Thank you for your answer. That's the problem I have, and I guess it is related to something I don't set correctly. I don't mind if the information comes in actual difference or in a percentaje comparison. I have set the indicator to draw a green bar if percentaje is above 100% (meaning current accumulated volume is above the average acumulated volume for that minute of session), and a red bar if percentaje is below 100% (meaning current accumulated volume is below the average acumulated volume for that minute of session). The problem is that I see red bars BETWEEN green bars, several times a session. And that is an unconsistent result. Is not likely that if the current acumulated volume at 9:35 AM is 120% average accumulared volume at 9:35 and 9:36 current acumulated volume is 80% average accumulared volume at 9:36 and then current acumulated volume at 9:37 AM is 130% average accumulared volume at 9:37. That is an example of what I am getting, and something that I have never seen in the Ninja Ttader indicator. |
| [2017-03-30 17:38:24] |
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What are the Relative Volume study Input settings that you are using? And post an image of the chart and we will compare it with what we see for the same symbol and study. Provide an image of the chart, by following these instructions: https://www.sierrachart.com/index.php?page=doc/PostingInformation.php#Image Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-03-30 17:38:47
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| [2017-03-30 18:05:00] |
| fjgaspar - Posts: 62 |
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Here is the image of the chart. Is a one minute chart with today session. http://www.sierrachart.com/image.php?Image=1490896400417.png The settings are: Period: 30. All Days. Day Session Only: Yes Average Volume High Percent threshold: 100 Color: green Low percent threshold: 100 Color: red Subgraphs: everything but relative volume ignored. As you see in the graphic, there are intermitent green and red bars, which is strange, because is not normal than today 18:00 acumulated volume is greater than average 30 days acumulated volume at 18:00 and one minute later, the acumulated volume today be less than 30 days average. Being acumulated volume, the change from greater to lower should be gradual. Even when is greater, there should be less difference into two contiguous 1 minute bars. |
| [2017-03-30 18:09:02] |
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How many days of data are loaded in that chart? Refer to: http://www.sierrachart.com/index.php?page=doc/ChartSettings.html#DaysToLoad Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-03-30 18:12:10] |
| fjgaspar - Posts: 62 |
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I have that setting to 2017-01-01
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| [2017-03-30 18:15:27] |
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And what is the time zone you are using in Sierra Chart?
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-03-30 18:17:14] |
| fjgaspar - Posts: 62 |
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My time zone, Brussels (GMT + 1)
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| [2017-03-31 04:03:44] |
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We are going to go over the result, and make sure the calculations are correct and document the formula. However, one thing we notice is that you need to set the chart to a continuous futures contract chart for accuracy: Continuous Futures Contract Charts Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-03-31 06:22:18] |
| fjgaspar - Posts: 62 |
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I think I know what is happening. I will try to write an example with numbers. Lets take two days, with 3 minute bars each day, and do the maths with the average of those two days, and then, lets plot during the third day. Day 1. Volume at minute 1: 100. Acumulated volume at minute 1: 100 Day 1. Volume at minute 2: 150. Acumulated volume at minute 2: 250 Day 1. Volume at minute 3: 200. Acumulated volume at minute 3: 450 Day 2. Volume at minute 1: 200. Acumulated volume at minute 1: 200 Day 2. Volume at minute 2: 250. Acumulated volume at minute 2: 450 Day 2. Volume at minute 3: 300. Acumulated volume at minute 3: 750 Day 3. Volume at minute 1: 150. Acumulated volume at minute 1: 150 Day 3. Volume at minute 2: 100. Acumulated volume at minute 2: 250 Day 3. Volume at minute 3: 250. Acumulated volume at minute 3: 500 What should happen: Day 3 Bar at minute 1: Actual Acumulated Volume: 150. Average 2 days acumulated volume: 150 ((200 + 100)/2). Diference: 0. In percentage: 100% Day 3 Bar at minute 2: Actual Acumulated Volume: 250. Average 2 days acumulated volume: 350 ((250 + 450)/2). Diference: -100. In percentage: 71% Day 3 Bar at minute 3: Actual Acumulated Volume: 500. Average 2 days acumulated volume: 600 ((450 + 750)/2). Diference: -100. In percentage: 83% What I think is happening: Day 3 Bar at minute 1: Actual Volume: 150. Average 2 days volume: 150. Diference: 0. In percentage: 100% Day 3 Bar at minute 2: Actual Volume: 100. Average 2 days volume: 200 ((150 + 250)/2). Diference: -100. In percentage: 71% Day 3 Bar at minute 3: Actual Volume: 250. Average 2 days volume: 250 ((300 + 200)/2). Diference: +250. In percentage: 200% So I think the study is comparing each bar with the corresponding average of that bar, not the accumulated volume until that bar. Thanks. |
| [2017-04-01 14:14:44] |
| Alexis135 - Posts: 1 |
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I would need the exact same thing. Looking forward to the study.
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| [2017-04-03 06:07:59] |
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This is already supported. This is known as the Cumulative Volume Ratio Subgraph. Refer to: https://www.sierrachart.com/index.php?page=doc/TechnicalStudiesReference.php#s356 Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2017-04-03 10:07:20] |
| fjgaspar - Posts: 62 |
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Thanks, I will try this afternoon.
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| [2017-04-03 21:00:17] |
| fjgaspar - Posts: 62 |
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Thanks. It is not exactly what I was looking for, but it seems to be very close.
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| [2017-04-04 04:49:49] |
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You can always modify the study to meet your requirements. Refer to: https://www.sierrachart.com/index.php?page=doc/BuildCustomStudiesDLL.html Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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