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Date/Time: Sat, 15 Mar 2025 02:37:18 +0000



TPO Calculation seems false

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[2022-07-13 05:49:06]
MarcOh - Posts: 171
My first, serious problem. In the attached file you can see a M30 chart and a TPO chart.

In the M30, we have a volume of 729 contracts. If I try to set this on a shortened TPO chart, the calculation does not seem to add up. Multiplied by 5 (ticks per volume) , nothing is displayed in the filter at the tpo chart.

where is my thinking error? Have I forgotten something to consider?

thx for your support.
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[2022-07-13 14:41:52]
John - SC Support - Posts: 38678
We do not have enough information to understand what is going on. Please give us more information on exactly what you are comparing and make sure the time frames for the comparisons are the same. Since we can not see the date/time at the bottom we are not sure what is being compared.

Also, you have a filter of 3500 on the TPO, so nothing less than that will be displayed, but you are looking at a value of 729 on the Numbers Bars, so this confuses us even more.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2022-07-13 16:00:17]
MarcOh - Posts: 171
Im sorry. :D hope it's not because of the language barrier.

please take a look at the picture in the appendix below when you are free.

thx in advence.
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[2022-07-13 16:39:59]
John - SC Support - Posts: 38678
The first thing to keep in mind is that the "Ticks per Volume Bar" is not the particular volume at that level multiplied by the Ticks per Volume Bar, but is a consolidation of 5 ticks added together. It's hard to say exactly which 5 price levels are added together, but it would be something like the following:
- 531 + 675 + 729 + 672 + 666 = 3273

Turn off the Volume Filtering on the Volume By Price study associated with the TPO and you will then be able to coordinate which grouping of 5 go together. Refer to the information here:
Volume By Price Study: Ticks Per Volume Bar
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2022-07-13 18:26:56]
MarcOh - Posts: 171
Ahh, ok, I see. I will check this out. Thx sir!

M.

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