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Date/Time: Wed, 27 Nov 2024 08:42:31 +0000



HIGHLIGHT POC

View Count: 537

[2023-09-05 20:30:51]
User431406 - Posts: 5
In the footprint hourly candle I would like to highlight the poc separately
I would like to see on the ASK side of the footprint the poc of the ASK and on the BID side of the footprint the poc of the BID
This way I immediately check for any imbalances
Is this possible ?
Thanks
imagePOC.JPG / V - Attached On 2023-09-05 20:23:25 UTC - Size: 40.43 KB - 128 views
Attachment Deleted.
[2023-09-06 15:11:56]
John - SC Support - Posts: 36309
You can do this using two copies of the Volume by Price study. Set the following in the studies:
- Draw Mode: POC, VAH, VAL, VWAP Lines Only
- Ticks per Volume Bar: 1
- Volume Graph Period Type: Multiple Profiles Based on Bar Count
- Number of Bars for 'Based on Bar Count': 1
- Volume Bar Calculation Method: Bid Volume (Ask Volume for second copy)
- Value Area, POC, Peak&Valley Based on Total Volume Always: No

Set the Subgraph Draw Style for the "Value Area High", "Value Area Low" and "Volume Weighted Average Price" subgraphs to "Ignore".

Then set the Subgraph Draw Style for the "Point of Control" subgraph to something that will stand out for you - such as "Left Price Bar Dash" or "Square Offset Left for Candlestick". Using one of the Left side options will push the item to the left to highlight the Bid Side. You would want to use the Right side options for the Ask.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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