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Date/Time: Thu, 16 Jan 2025 16:18:29 +0000



POIV

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[2017-11-01 10:15:33]
User851573 - Posts: 16
Hallo, I would like to know, if is POIV from Larry Williams available in Sierra Chart? What is the name of this indicator in Sierra Cahart?
Thank you in advance for the response
Dusak
[2017-11-01 16:47:45]
Sierra Chart Engineering - Posts: 104368
What does POIV stand for?
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
[2017-11-01 16:57:59]
User851573 - Posts: 16
Price, Open Interest and Volume = POIV constructed by Larry Williams. Do you have this or something very similar?
[2017-11-01 18:04:20]
Sierra Chart Engineering - Posts: 104368
Do you know what the formula is in relation to those particular values?
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
[2017-11-02 06:42:39]
User851573 - Posts: 16
in the middle of this article....http://www.futuresmag.com/2007/11/14/all-one-price-volume-and-open-interest
CumulativeSum (Open Interest * (Close - Close.1) / (True High - True Low)) + OBV
[2017-11-03 02:32:12]
Sierra Chart Engineering - Posts: 104368
We are adding this study now.
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
[2017-11-05 12:35:02]
User851573 - Posts: 16
What is the name of the study?...I cannot find it in Studies...
[2017-11-05 17:07:37]
Sierra Chart Engineering - Posts: 104368
It is in the latest release and called: Price, Open Interest and Volume
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
[2017-11-06 08:31:32]
User851573 - Posts: 16
Thank you, but it does not work ...see enclosure 1
I need to see like this...line in graph...see enclosure 2 ...poiv by Larry
imagePOIV ropa.png / V - Attached On 2017-11-06 08:27:13 UTC - Size: 17.52 KB - 512 views
imagepoiv by larry.png / V - Attached On 2017-11-06 08:30:36 UTC - Size: 243.27 KB - 553 views
[2017-11-06 08:46:51]
Sierra Chart Engineering - Posts: 104368
OK this is because there was a zero being used in a division causing an error.

These divisions will be filtered out in the next release.
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
[2017-11-06 08:59:41]
User851573 - Posts: 16
When do you expect new release? Will POIV be line in graph?
[2017-11-06 18:11:23]
Sierra Chart Engineering - Posts: 104368
Should be out in another day or two. You can display the study anyway you want.

Refer to the documentation here:
Chart Studies
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
[2017-11-09 19:34:48]
User851573 - Posts: 16
There is some mistake in the POIV line...I do not know why. Original POIV shows quite different line...
[2017-11-09 20:40:28]
Sierra Chart Engineering - Posts: 104368
The study can only be used on Historical Daily charts that have open interest data.

Here is how it is calculated:
  sc.OnBalanceVolume(sc.BaseDataIn, Array_OBV);

  float TrueHighLowDifference = sc.GetTrueHigh(sc.BaseDataIn) - sc.GetTrueLow(sc.BaseDataIn);

  if (TrueHighLowDifference != 0)
  {
    Array_IntermediateCalculation[sc.Index]
      = (
      (sc.BaseDataIn[SC_OPEN_INTEREST][sc.Index]
        * (sc.BaseDataIn[SC_LAST][sc.Index] - sc.BaseDataIn[SC_LAST][sc.Index - 1])
        )
        / TrueHighLowDifference
        )
        + Array_OBV[sc.Index];

    sc.CumulativeSummation(Array_IntermediateCalculation, Subgraph_POIV);
  }
  else
  {
    Subgraph_POIV[sc.Index] = Subgraph_POIV[sc.Index - 1];
  }

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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