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Date/Time: Fri, 19 Apr 2024 01:44:59 +0000



TPO Value Area Lines study settings

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[2019-08-05 02:08:29]
User161560 - Posts: 17
Hi - I'm trying to use the TPO Value Area Lines study to automatically plot on my intraday chart the TPO value area high and low from the previous RTH session. I trade oil, so I've set my chart up (a 320 trades chart) with two sessions, being 07:00-12:29:59 for RTH then 12:30-06:59:59 for the overnight session. I'm only interested in the previous day's RTH value area high and low and I need those lines to extend through the following overnight session through the end of the next RTH session. I've worked through the settings and the study guide but I'm afraid I can't get it working. Any ideas would be greatly appreciated!

Thanks
Simon
[2019-08-06 01:33:41]
Sierra Chart Engineering - Posts: 104368
In order to do this you will need to create a separate chart with just the RTH session in it. Then apply the TPO Value Area Lines study to that chart with the setting for Reference n Periods Back set to 1. Refer to the documentation for this study here:
TPO Value Area Lines

Then use the Study/Price Overlay to display those Value Area Lines on your primary chart that has both RTH and Evening sessions. Refer to the following documentation for the Study/Price Overlay:
Study/Price Overlay Study

You can also hide the RTH only chart if it is not something you will use, except to get these lines. Refer to the following to do this:
Window and CW Menus: Hide Window (Window)
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
[2019-08-06 14:50:09]
User161560 - Posts: 17
Thank you. That works to display the previous RTH TPO value area lines on the following day's RTH-only chart. However, when I overlay that study onto my 23hr 320 trades chart it doesn't recalculate those lines until the next day's RTH session begins; I need those lines to start at the end of the RTH session and extend through the following overnight session through the end of the next RTH session on my 24hr chart. Is that possible please?

Cheers
Simon
[2019-08-06 21:06:09]
John - SC Support - Posts: 30953
Sorry, we forgot one important item. You need to set the Study/Price Overlay Input for Bar Time Matching Method to Containing Match. This will then use the last data point forward through the evening session until the next data point is available from the other chart.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-08-06 22:16:42]
User161560 - Posts: 17
Thanks John. I changed that setting but I'm afraid it's still not plotting the last RTH session's TPO value area high and low through the following evening session. I've attached my settings for the two studies and an annotated chart illustrating the issue. Any further ideas greatly appreciated!

Cheers
Simon
imageTPO Value Area Issue.png / V - Attached On 2019-08-06 22:15:26 UTC - Size: 175.19 KB - 669 views
imageStudy Price Overlay Settings.png / V - Attached On 2019-08-06 22:15:30 UTC - Size: 28.04 KB - 383 views
imageTPO VA Lines Settings.png / V - Attached On 2019-08-06 22:15:34 UTC - Size: 23.98 KB - 323 views
[2019-08-07 15:14:19]
John - SC Support - Posts: 30953
Ok, we understand what you are looking for and how what we suggested was not quite right. We have to think about how to accomplish what you want.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-08-09 22:34:58]
John - SC Support - Posts: 30953
The only way we can think to do this would be to add the Spreadsheet Study into the mix. Here is what you need to do:
- Set the TPO Value Areas Lines input for Reference n Periods Back to 0.
- Hide the Study/Price Overlay study, which should now be showing the current days TPOs.
- Add the Spreadsheet Study.
- Put a formula similar to the following into cell K3.
=IF(OR(FRACTIME(A3) > TIME(13, 30, 00), FRACTIME(A3) < TIME(07, 59, 59)), AB3, AB31)

You will have to adjust the times to match your chart, where the times inside the OR, are the evening session times. Also note that cell AB31 in the above is where the day session starts. You will need to adjust it for your particular chart.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-08-22 22:35:43]
Sierra Chart Engineering - Posts: 104368
We are going to add a new Input to the TPO Value Area Lines study for it to support being based on only the day session times or regular trading hours.

In this way, you do not need any other additional studies or charts. It becomes very simple to use for what you want.
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: 2019-08-22 22:35:57
[2019-08-23 02:08:00]
User161560 - Posts: 17
Wonderful, many thanks! Will it be in the next release?
Cheers
Simon
[2019-08-23 03:03:00]
Sierra Chart Engineering - Posts: 104368
It should be out within about a week or so.
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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