Support Board
Date/Time: Wed, 27 Nov 2024 02:26:21 +0000
help with vpoc information
View Count: 717
[2023-08-21 13:50:45] |
coachted - Posts: 328 |
I am trying to get an accurate rolling 5 20 and 90 day volume point of control for all sessions traded. can someone please point me in the right direction...I am using a 30 day bar chart and when i compare to a service i am paying for my numbers are not corresponding. Can someone please advise me on how to set this up properly.
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[2023-08-21 16:28:18] |
John - SC Support - Posts: 36309 |
To begin with, if you have a 30 day chart then you can not get a 90 day Volume Point of Control (VPOC). To get a 90 day VPOC, you need to have at least 90 days in the chart. And if you are actually wanting 90 trading days, then you need to set the number of days to load to something more than 90, as the number of days to load includes all days (including weekends). From there, it is also a matter of ensuring that you have the right session times for the trading times you want cover. Refer to the following: Chart Session Times For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-08-30 21:32:38] |
coachted - Posts: 328 |
i am sorry i am using a 30 minute chart with 180 days
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[2023-08-31 13:09:26] |
John - SC Support - Posts: 36309 |
How are you getting the Volume Point of Control?
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-08-31 17:52:54] |
coachted - Posts: 328 |
attached please find a copy of the chart...
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vpoc.Cht - Attached On 2023-08-31 17:52:45 UTC - Size: 9.27 KB - 416 views |
[2023-08-31 20:12:12] |
John - SC Support - Posts: 36309 |
Your 90 day profile is only set to 3 days.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-09-11 12:42:04] |
coachted - Posts: 328 |
I I am getting conflicting information reagrding the vpoc...there is a chart called fsprofile when i merge the 5 prior days and i get one vpoc value...then there is a pnf chart and i get another vpoc value and then there is a rthprofile and i get another vpoc value...can ypu please help me figure this out... I have my chart setting to 120 days...with full session hours...but still do not know whats going on |
[2023-09-11 17:46:02] |
John - SC Support - Posts: 36309 |
We do not know for sure, but it sounds like the 'fsprofile' chart has the evening session on it, and the 'rthprofile' does not. This will give you a different VPOC for each day. Also, the 'Point and Figure' chart bars are created differently from a time period bar, so here the VPOC will be different as well. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-09-19 01:33:27] |
coachted - Posts: 328 |
attached please find a copy of a chartbook which shows 3 different volume profiles on right side of a tpo chart( see rthprofile tab)...1 is a 90 day volume profiel, 1 is a 20 day volume profile, and 1 is a 5 day volume profile... It appears that Sierra Charts does not provide a rolling 5 days... this can be seen when looking at 5 day volume profile on the right (the dark grey)...it appears as though it is a 2 day volume profile I compared the 2 day merged volume profile in the second tab, fsprofile, it looks exactly like the 5 day profile on the right hand side of the rthprofile chart (the 1st tab)...both charts have exactly the same session times. I have tried using Volume Value lines on a 30 minute chart and still do not get an accurate VPOC. I need to have a rolling 5 20 and 90 trading session vpoc as it is essential part of my trading, in essence 9/12 evening session through todays regular session. Can you tell me if this can be done. Date Time Of Last Edit: 2023-09-19 01:46:40
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Chartbook10.Cht - Attached On 2023-09-19 01:42:12 UTC - Size: 30.49 KB - 137 views |
[2023-09-19 21:31:31] |
John - SC Support - Posts: 36309 |
The problem is that when you define a number of days, it is doing the calculation as "Calendar Days" and not as "Trading Days". For example, today is Tuesday. Therefore if I add a 4 day Volume Profile and a 2 day volume profile, they will give the exact same result, as 4 days prior is Saturday, for which there is no trading and then Sunday. The volume does not start accumulating until the Sunday Evening open for the Monday trading. There is not an option to set a Volume by Price profile based on Trading Days. Therefore, you would have to determine what is the best option for how you want to do this from the existing options. Most likely choosing a specific start date and adjusting it each morning is probably the best option. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-09-19 22:44:38] |
coachted - Posts: 328 |
can i just delete saturdays
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[2023-09-20 14:58:57] |
John - SC Support - Posts: 36309 |
There is not a way to delete Saturdays. Even if you use the "Dates to Exclude" option, that just prevents a particular day from being displayed, it does not impact the calculation of days for the Volume Profile.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
[2023-09-25 15:36:57] |
coachted - Posts: 328 |
so please explain how to make the adjustment because i do not understand how the adjustment would work...for example tomorrow if i want a 5 day volume profile it would include saturday and i would not know how to take that out even if i put the dates
Date Time Of Last Edit: 2023-09-26 15:42:33
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[2023-09-25 15:38:03] |
coachted - Posts: 328 |
I am not sure but basically any cummulative day volume proifile would include a saturday and that the volume profile is incorrect and the corresponding info as well..ie vpoc value areas etc
Date Time Of Last Edit: 2023-09-26 15:42:15
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