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How to: Setup Sierra Chart with FT71 style Volume Profile
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How to: Setup Sierra Chart with FT71 style Volume Profile

  #41 (permalink)
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I'll publish documentation of the settings, and make a video describing them all.
But maybe it -is- too simplistic for what he needs.
One of the parts I find the most useful is the ability to list your favorite profiles in the togglelist, and toggle instantly between them using the / key. Allows you to get multiple views without eating up screen real estate.

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  #42 (permalink)
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Average Volume per Bar

Hello,

Does anybody know if it is possible in SC to draw a single line within the 15 minute volume bar indicating average volume for that time of the day. As FT71 does for his globex charts. I hope this makes sense.

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Cheers in advance!

Gordon

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  #43 (permalink)
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gryandc View Post
Hello,

Does anybody know if it is possible in SC to draw a single line within the 15 minute volume bar indicating average volume for that time of the day. As FT71 does for his globex charts. I hope this makes sense.

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Cheers in advance!

Gordon

im actually trying to figure out how to get the relative volume study to look/act like FT71s but have been unsuccessful so far.

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

(╯°□°)╯︵ ┻━┻
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  #44 (permalink)
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Superimpose the relative volume study with volume bars. Make the relative volume bars wider.

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  #45 (permalink)
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Tiger45 View Post
Superimpose the relative volume study with volume bars. Make the relative volume bars wider.

isnt the skinny yellow bar the average volume and the wider bar behind the actual volume?

dont believe anything you hear and only half of what you see

¯\_(ツ)_/¯

(╯°□°)╯︵ ┻━┻
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  #46 (permalink)
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I think it's the other way around, but I'm not sure. Also don't think it matters if you know what each bar is. I'm not an expert on his stuff, but I think he's just trying to compare the actual volume vs the relative volume.

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  #47 (permalink)
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madLyfe View Post
isnt the skinny yellow bar the average volume and the wider bar behind the actual volume?

Yes, the skinny yellow is the average and the other the actual volume. I'll have a play around also.

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  #48 (permalink)
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The Relative Volume study's output is a percentage, so you'll need to multiply it by the volume, then divide the result by 100.

Try this:
1) Add the Volume study, if it's not already on the chart.
2) Add the Relative Volume study, check Hide Study.
3) Add the Study Subgraphs Multiply study, check Hide Study.
-set the Input Study1 to the Volume study, and Volume (SG1).
-set the Input Study2 to the Relative Volume study, and Relative Volume (SG1).
4) Add the Study Subgraph Divide study.
-set the Based On to the Study Subgraphs Multiply study
-set the Chart Region to the same as the Volume study
-set the Input Data to Multiply
-set the Divider to 100
-set the Draw Style to Bar

Note: the Volume study needs to be above the Study Subgraph Divide study in the Studies to Graph list.

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  #49 (permalink)
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tomgilb View Post
The Relative Volume study's output is a percentage, so you'll need to multiply it by the volume, then divide the result by 100.

Try this:
1) Add the Volume study, if it's not already on the chart.
2) Add the Relative Volume study, check Hide Study.
3) Add the Study Subgraphs Multiply study, check Hide Study.
-set the Input Study1 to the Volume study, and Volume (SG1).
-set the Input Study2 to the Relative Volume study, and Relative Volume (SG1).
4) Add the Study Subgraph Divide study.
-set the Based On to the Study Subgraphs Multiply study
-set the Chart Region to the same as the Volume study
-set the Input Data to Multiply
-set the Divider to 100
-set the Draw Style to Bar

Note: the Volume study needs to be above the Study Subgraph Divide study in the Studies to Graph list.

Excellent. Thanks tomgilb.

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  #50 (permalink)
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The process in Post #48 does not produce the desired outcome. Please do not use it.
The Average Volume (SG4) in the Relative Volume study produces the value you want.

So do this instead:

To overlay this onto a Volume study:
In the Relative Volume study:
-set the Chart Region to the same as the Volume study.
-set the Draw Style of SG4 to Bar
-set all other Draw Styles to Ignore.

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