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Date/Time: Thu, 28 Nov 2024 00:34:06 +0000

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volume point of control study

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[2023-06-12 08:20:44] #1 [Go To First Post]
User278398 - Posts: 291
hello, i want to active "volume point of control" study only if ask volume was big then bid volume. how can i do it ? regards.

[2023-06-12 15:44:32] #2 [Go To First Post]
John - SC Support - Posts: 36350
If you are using the "Volume Point of Control for Bars" and you only want to display this study when a bar has met certain conditions, then you would use the "Color Bar Based on Alert Condition" study to color the "Volume Point of Control for Bars" when the condition is NOT met. Refer to the following (and note the section on "Coloring Subgraphs of Other Studies": Color Bar Based on Alert Condition We do not understand your condition of "if ask volume was big then bid volume." We would need more specific information to be able to help you with this. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

[2023-06-14 08:45:21] #3 [Go To First Post]
User278398 - Posts: 291
hi, in every candle bar i can display the poc (i display by mark for example) of "volume point of control" study. i want to display this poc mark in that candle bar, only if in the specific poc price, the ask volume is bigger then the bid volume and in other words: how can i active/display(hide/show) "volume point of control" study (id1) if the formula is correct: =if(avap(id1.sg1,0)>bvap(id1.sg1,0),id1.sg1,0) regards.

[2023-06-14 14:00:45] #4 [Go To First Post]
John - SC Support - Posts: 36350
You have the right idea, but if you are using the Color Bar Based on Alert Condition, then you need the condition to be true when the Ask Volume at that price is NOT bigger than the Bid Volume (i.e. hide all the POC lines when the condition is not met). Therefore, your Alert Condition should be the following: =BVAP(ID1.SG1, 0) >= AVAP(ID1.SG1) Where ID1.SG1 is the Volume Point of Control study and subgraph. Note that you do not need to use the IF, as an alert condition evaluates to True/False by default. Also, make sure that the Color Bar Based On Alert Condition is lower in the list of studies than the Volume POC, as it has a dependency on that study. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing

[2023-06-14 14:41:15] #5 [Go To First Post]
User278398 - Posts: 291
i dont understand how conenct the volume point of control study to color bar based on alert condition study. can u send me a study collection which contain your solution? regards

[2023-06-14 15:35:02] #6 [Go To First Post]
John - SC Support - Posts: 36350
Here is a Study Collection that does what you want. Note that the Color Bar is set to Black, as that is background we use. If you use a different background, then you would need to change the color of the Color Bar subgraph to match your background. Refer to the following for how to use a Study Collection: Study Collections: Using a Study Collection Provided by Sierra Chart Support For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing


ShowVPOCWhenBVAPGreaterThanBVAPAtVPOC.StdyCollct - Attached On 2023-06-14 15:34:35 UTC - Size: 32.57 KB - 76 views

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