Login Page - Create Account

Support Board


Date/Time: Thu, 21 Nov 2024 13:28:22 +0000



TPO POC REFERNECE IN FORMULA

View Count: 79

[2024-11-07 12:28:04]
Frostation - Posts: 13
Hi there

Im looking to reference the TPO POC in an alert condition, my TPO is ID1, however i dont think there is a subgraph to use in an alert formula. Theres only subgraphs for POC color and POC extention line, but tried this (ID1.SG17) but doesnt do as hoped, was trying =O>ID1.SG17[-1], meaning if todays open is > previous days TPO POC

Not sure how to do so.

Thanks

PS, i also have tried using TPO value areas study, but the POC doesnt match witht he TPO chart, its way off for some reason. TPO settings set to use volume for POC
Date Time Of Last Edit: 2024-11-07 12:32:15
[2024-11-07 16:12:35]
John - SC Support - Posts: 36174
The Point of Control price is not available through the TPO Profile study. You would need to use the "TPO Value Area Lines" study for this. But you can NOT use the "TPO Value Area Lines" study on a TPO chart. Refer to the following:
TPO Value Area Lines

Therefore, you need to have another chart where you add the TPO Value Area Lines study and then you can setup your alert from there.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2024-11-09 14:26:21]
Frostation - Posts: 13
ok thanks,

anotehr query, i am trying to define GAP UP. GAP DOWN, ie when the RTH Open is above the previous days high, below the previous days low.

Using CBBOAC, and have been using O>H[-1]/ O<L[-1], however it isnt working as intended as it is showing only if the open is above/below the previous candle high/low.

I have tried using previous days OHLC (period OHLC) but this seems to highlight everyhting and im stuck, example was O>id29.sg2 (period OHLC [-1]) but hasnt worked, i only want it to draw for the first candle ie the opening candle. seemed simple in my mind but in practice is a bloody nightmare to get correct.

my charts are set to day session times only, not using evening session, how can i achieve this please? so gaps being defined as above prev day high/below prev day low by say 2 or more ticks.

Thank you
[2024-11-11 15:16:57]
John - SC Support - Posts: 36174
The first thing we want to point out is that if you are not using a chart that covers the full trading day, then you will most likely get a gap between the end of trading one day and the start the next. We just want to make sure this is what you are wanting.

In order to do what you want, you need to define the bar at which you want to test, which would be the opening of the day. If this bar starts at 08:30:00, then you need to use the following in order to define that bar with the Alert syntax:
=BARTIME = TIME(08, 30, 00)

You then would need to compare this against the previous period's High and Low. To get those, you would need to use the Daily OHLC, or the Period OHLC - Variable Period. Then your formula would look like the following:
=AND(BARTIME = TIME(08, 30, 00), OR(O > ID2.SG4[-1], O < ID2.SG4[-1]))

Where ID2 is the ID of the Daily OHLC study and SG4 is the Close of the Daily OHLC study.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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

Login

Login Page - Create Account