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Date/Time: Tue, 26 Nov 2024 23:31:36 +0000



Volume profile issue

View Count: 516

[2023-09-28 23:19:15]
coachted - Posts: 328
Does anyone know how to get an accurate Volume profile and volume point of control for 20 trading sessions....there is an issue with SC where it only gives you days...therefore it will shorten the actual time because it counts saturday as a day...


it is the same problem if you use volume value area lines....it only gives the option for days..which includes saturday...

an examplke would be lets say you are looking on tuesday for the prior 5 day volume profile instead of the volume profile showing data from wednesday to monday it will show thursday to monday....this is because it counts staurday as a day.

love to hear if anyone has a work around for this
[2023-09-29 00:22:52]
Sierra_Chart Engineering - Posts: 17187
The solution to this is to set an Intraday chart to 1 Day Per Bar and to have the Volume Graph Period Type with the Volume by Price study using one of the "Bar Count" settings which would need to be set to 20.
Sierra Chart Support - Engineering Level

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[2023-09-29 03:48:34]
coachted - Posts: 328
I am confused...is this correct?
imageScreenshot 2023-09-28 234754.jpg / V - Attached On 2023-09-29 03:48:26 UTC - Size: 156.84 KB - 111 views
Attachment Deleted.
[2023-09-29 14:16:55]
Sierra_Chart Engineering - Posts: 17187
Actually thinking about it, yes that would be the correct option. We were not thinking of that but that is the right way to do this.

Here is the relevant information:
Volume By Price Study: One Period at End of Fixed Time Length - Auto-Skip Empty Days
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
[2023-09-29 15:00:21]
Sierra_Chart Engineering - Posts: 17187
Here is additional documentation about this:
Volume By Price Study: One Volume Profile at End Covering 3/Three Days
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
[2023-10-02 15:14:44]
coachted - Posts: 328
yeah so i am still getting conflicted info....i took 24 hr volume profiles and merged the prior 20 days and this does not match the way i did it above....
[2023-10-04 12:43:24]
coachted - Posts: 328
Can someone please help me as this is vital in my analysis and how I trade
[2023-10-04 15:44:17]
John - SC Support - Posts: 36309
Set your "Volume Graph Period Type" to "One Period At End of Fixed Time Length - Auto Skip Empty Days". Then set the time period to 20 days. This will give you a 20 trading day volume profile.

Refer to the following:
Volume By Price Study: One Period at End of Fixed Time Length - Auto-Skip Empty Days
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-10-05 01:22:39]
coachted - Posts: 328
thats exactly what i have yet i does not match an outside source i use or if i merge 20 full session volume profiles together
[2023-10-05 13:37:38]
Sierra_Chart Engineering - Posts: 17187
We are seeing a correct result, with the volume profile starting today at September 7 18:00 US Eastern time. And the trading day date for that is the following day. So if you count the days it is exactly 20.

Still, we want to look at the calculations and verify how all of this works to make sure it will be correct under all conditions. But it may not work perfectly under all conditions. There is another alternative and we will explain that later today.
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
[2023-10-09 16:12:31]
Sierra_Chart Engineering - Posts: 17187
Here is the relevant documentation for another way to do what you want:

Volume By Price Study: One Volume Profile at End Covering 20 Days Using 1 Day Per Bar Chart
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
[2023-10-10 13:26:40]
coachted - Posts: 328
today is a perfect example in CL if you use 5 full day/trading session volume profiles ...counting sunday as a seperate day..and merge the profiles you will see that the volume point of control is 82.67 yet if i use the volume profile the way we have set it up the volume point of control is 86.10 which is impossible based on the data
[2023-10-10 13:48:47]
Sierra_Chart Engineering - Posts: 17187
Use the information here to determine what the starting Date-Time is for the Volume Profile, so you can understand where it starts:
Volume By Price Study: Viewing Volume Profile Text Information
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: 2023-10-10 13:49:10

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