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Direct MessagesDate/Time: Sun, 08 Sep 2024 00:08:55 +0000
VBP on DOM
View Count: 103
| [2024-06-27 17:56:24] |
| User229477 - Posts: 33 |
|
I am unable to make a VBP on DOM using the following: Number Of Periods Back To Reference: 0. Volume Graph Period Type: One Period at End of Fixed Time Length. Time Period Type for 'Fixed Time': Seconds Time Period Length for 'Fixed Time': 5 Is it my understanding it will create a new profile on the DOM every 5 seconds? |
| [2024-06-27 20:08:41] |
| John - SC Support - Posts: 34254 |
|
Not exactly. What you need to keep in mind is that the Volume by Price (and pretty much all studies) are based on the bars in the chart. When you are using a large time frame like a day, it's not something that really matters. But when you want to get to a small time setting (like 5 seconds) then you have to have your Bar Period set to a period that is equal to or smaller than, and also evenly divisible into, the time you want. For instance, to get a 5 second Volume by Price profile on your Trading DOM, you would need to set the "Bar Period" for that trading DOM to be no more than 5 seconds. You could also use 1 second, or 500 milliseconds - but you could not use 2 seconds, as 5 is not evenly divisibly by 2, so you would end up with a 6 second profile. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2024-06-27 20:31:34] |
| User229477 - Posts: 33 |
|
I understand what you are saying but using your example, how do I set to 500 milliseconds and limit to 5 second profiles on the standalone DOM?
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| [2024-06-27 21:37:16] |
| John - SC Support - Posts: 34254 |
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On the Trading DOM select "Chart >> Chart Settings >> Bar Period" and set the "Bar Period Type" to "Days-Mins-Secs-Milliseconds per Bar" and set the "Bar Period Value" to "0-0-0-500". Then setup the VbP as you had it. 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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