Login Page - Create Account

Support Board


Date/Time: Tue, 26 Nov 2024 06:40:22 +0000



TPO Lines and Market Profiles Studies get diffirent value VAL VAH & POC

View Count: 719

[2023-12-04 04:55:29]
MrTienDatVn - Posts: 13
Hi, i try create intraday chart Market Profiles 30 minutes profiles and got a problem:

- Studies: TPO Line & Studies: Market Profiles: I got diffirent value from VAL, VAH as my picture

TPO Line Value : Yellow Line
Market Profiles: Blue line
imageTPO30mLine.png / V - Attached On 2023-12-04 04:54:51 UTC - Size: 41.04 KB - 101 views
imageMarketProfiles30m.png / V - Attached On 2023-12-04 04:54:55 UTC - Size: 53.55 KB - 96 views
imageResult.png / V - Attached On 2023-12-04 04:54:59 UTC - Size: 64.89 KB - 99 views
[2023-12-04 16:43:35]
John - SC Support - Posts: 36286
You can not use the TPO Value Area Lines study on a TPO Chart. This is stated in the 3rd paragraph of the Introduction to the TPO Value Area Lines study. You can view this at the following link:
TPO Value Area Lines

If you really want to have that TPO Value Area Lines study on a TPO chart, you would have to use the TPO Value Area Lines on another chart and then use the Study/Price Overlay to put them onto the TPO chart.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-12-05 01:37:26]
MrTienDatVn - Posts: 13
Thank you for reply, but i added studies TPO Value Area to Intraday chart (30 Min), i got VAL value is 2055.5 (TPO30mDrawIntradaychart.png)
But i checked in Market Profiles and i got VAL value is 2056.6 (MarketProfiles30m VAL.png)

It's different value, all screenshot capture when 30 min candlestick finished.
imageTPO30mDrawIntradaychart.png / V - Attached On 2023-12-05 01:33:52 UTC - Size: 134.83 KB - 93 views
imageMarketProfiles30m VAL.png / V - Attached On 2023-12-05 01:34:01 UTC - Size: 291.18 KB - 88 views
[2023-12-05 16:32:49]
John - SC Support - Posts: 36286
The line that you are referencing as the VAH in the TPO chart is not the VAH. We do not know what it is exactly, but if you look at the TPO Profile associated with it, you will see that the line starts from above the highlighted Value Area. The Value Area Lines are the light blue ones.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-12-05 16:49:50]
MrTienDatVn - Posts: 13
Hi John, i try create 2 chart:
1. 4H bar chart and use TPO Value Line. I highlight VAH VAL from Studies: TPO Value Line

2. (Right) Market Profiles with Daily Setting, i highlighted VAH and VAL from Extend Value Area.

You can see 2 value is different. So what i can follow, i mean value is exactly is value from TPO Value Line?
imageTPODailyLine - MarketProfiles.png / V - Attached On 2023-12-05 16:49:42 UTC - Size: 280.11 KB - 77 views
[2023-12-05 18:01:17]
John - SC Support - Posts: 36286
Please get us the chartbook and we will take a look. Follow these instructions:
https://www.sierrachart.com/index.php?page=PostingInformation.php#AttachFile
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-12-06 01:14:35]
MrTienDatVn - Posts: 13
I attached chartbook file and screenshot.
Attachment Deleted.
imageTPOLine-TPOProfiles.png / V - Attached On 2023-12-06 01:14:01 UTC - Size: 154.95 KB - 94 views
attachmentTPOLine-TPOProfiles.Cht - Attached On 2023-12-06 01:14:10 UTC - Size: 7.67 KB - 399 views
[2023-12-06 15:52:51]
John - SC Support - Posts: 36286
The reason why this is occurring is because you are putting the "TPO Value Area Lines" study on a chart with a Bar Period of 240 minutes. As such the TPO information is not being calculated at the same increment as the TPO profile - which is set to a 30 minute sub-period. Therefore, to get the same result, you would need to have the Bar Period be 30 minutes, or anything smaller than this that is evenly divisible into 30 minutes (such as 1, 5, 10, but not 7, or 9).
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-12-22 07:50:16]
User874889 - Posts: 3
I have same issue. I want to show the TPO value lines from market profile 30 mins to 30 mins bar-chart
I've used TPO Value Area Lines but the value is not the same.
So how can I do?
Attachment Deleted.
imageTPO30.png / V - Attached On 2023-12-22 07:49:01 UTC - Size: 306.28 KB - 108 views
[2023-12-22 16:48:47]
Sierra_Chart Engineering - Posts: 17179
Refer to:
Time Price Opportunity (TPO) Profile Charts: Incorrect Value Area or Point of Control Values

And initially we recommend the chart bars be set to 1 Minute per bar. Work with those bars until you get a match. Check the Session Times between both charts and make sure they match exactly.
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: 2023-12-22 16:49:43

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account