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Date/Time: Thu, 31 Oct 2024 10:12:47 +0000



Volume By Price - Different Ticks Per Volume Bar: Totale and Delta

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[2024-10-17 14:23:35]
User141735 - Posts: 8
Hi,
to get the best resolution of the Total Volume profile i usually seet the Ticks per Volume Bar to 1.
By doing so, the Bid-Ask delta bars should use the same, and this is redering the the interpretation almost impossibel (one bar red and the next is green.....)

I wish we can find two seperate settings; one for the Total Volume and one for the Difference.

Actually, it is possibel to make two difference studies with different settings, but actually i couldnt apply this on the Draw Volume Profile tool.
the Draw Volume Profile tool seems only read one Study.

Thank you for yous support
[2024-10-17 15:13:24]
John - SC Support - Posts: 35639
You can put on two Volume by Price studies at the same location and have them both set as you are wanting.

The particular things you would need to do for this are to set the one you want for the delta to have the "Volume Bar Calculation Method" set to your desired delta option, and also make sure it is lower in the list of "Studies to Graph" so it is drawn on top of the other one.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-10-17 15:28:31]
User141735 - Posts: 8
This si what i an doing currently, however this method cannot be applied on the Tool Draw Volume Profile.
[2024-10-17 16:04:54]
John - SC Support - Posts: 35639
The best option when using the "Drawn Volume Profile" would be to draw your area and get a Volume by Price study set, then use the "Analysis >> Studies" window to duplicate that Volume by Price and modify it to get the second profile as you want. Refer to the following:
Chart Studies: Duplicate
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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