Support Board
Date/Time: Wed, 27 Nov 2024 17:30:41 +0000
[Programming Help] - TPO Balance Point
View Count: 406
| [2023-07-11 04:08:33] |
| ButtTruffle - Posts: 5 |
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Is there some way to code the price at which there is the same #'s of TPO above and below that price in a given profile into the TPO study so that I can see it visually on the TPO graph? Ex. if at $10 there is 5 30min TPO letters below as well as above, then the TPO balance point is $10, and a 0 at the right edge of the profile at 10 to indicate it. It would be a really useful addition for me. Thanks alot!
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| [2023-07-11 09:11:51] |
| Sierra_Chart Engineering - Posts: 17195 |
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This is supported. Refer to: Time Price Opportunity (TPO) Profile Charts: Highlight Midpoint in Profile Time Price Opportunity (TPO) Profile Charts: TPO Midpoint Calculation Method 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, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-07-12 12:09:09] |
| ButtTruffle - Posts: 5 |
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I don't mean the midpoint of a TPO chart. I mean about the #'s of TPO's above and below a certain price in a given profile. So the midpiont of a profile could be at $10, but because it was a trending profile, the #'s of TPO letters above and below it won't be the same, so the balance point might end up being at $12 (price where there are the same # of INDIVIDUAL TPO letters above and below that price). Like in the photo attached, the midpoint (orange m), is the exact halfway point of the profile, but the "balance point" (white b) is above it because at that price, there are the same # of individual TPO letters below as above. Thanks!
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| [2023-07-12 13:38:08] |
| Sierra_Chart Engineering - Posts: 17195 |
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How is it this functionality which is supported by those Inputs is not what you want?: TPO Letter/Block Midpoint: This uses the price level in the TPO Profile where there is an equal or almost equal number of TPO blocks or letters above and below that price.
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, use the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2023-07-12 14:09:13
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| [2023-07-17 07:39:01] |
| ButtTruffle - Posts: 5 |
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I'm an idiot. On another note, could you add in a function to allow me to plot both the midpoint using the highs and lows as well as the TPO's/blocks calculation and show them at the same time? Would be insanely helpful. Thanks!
Date Time Of Last Edit: 2023-07-17 07:49:49
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