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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

  #51 (permalink)
gryandc
Amsterdam
 
Posts: 8 since Nov 2015
Thanks Given: 8
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tomgilb View Post
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.

Hi Tomgilb,

My relative volume study does not have an average volume section.
And therefore no SG4. What version of SC are you working with? I've got 1307

Thanks again.

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  #52 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: Stage5, FCM:Dorman, Data:Denali, Routing:Teton
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gryandc View Post
Hi Tomgilb,

My relative volume study does not have an average volume section.
And therefore no SG4. What version of SC are you working with? I've got 1307

Thanks again.

I'm using v1400.
[You are using one of the final versions that support Old Spreadsheets. If you are using them and you upgrade beyond 1310, your spreadsheets studies will try to convert, but conversions sometimes require tweaks or reworks, and some former features are not supported.]

Sierra engineers recently added a native Relative Volume study.
Here's their documentation:
Technical Studies Reference - Sierra Chart

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  #53 (permalink)
 sjegorov 
estonia
 
Experience: Intermediate
Platform: Sierra Charts
Trading: CL, Bund, DAX
Posts: 15 since Jul 2015
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does anyone have a cht file for sierra with exactly same colors as FT71 has?

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  #54 (permalink)
Average Joe
Singapore
 
Posts: 33 since Apr 2017
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Hi guys thanks for the great work!

Does SC offer Volume Delta and possible to separate big and small lots? I thought it is useful.


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  #55 (permalink)
 choke35 
Germany
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
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See:
https://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=292

You can add alerts (bells, whistles, visual signals) that signal any level of "big" or "small" that you want.

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  #56 (permalink)
 sjegorov 
estonia
 
Experience: Intermediate
Platform: Sierra Charts
Trading: CL, Bund, DAX
Posts: 15 since Jul 2015
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Average Joe View Post
Hi guys thanks for the great work!

Does SC offer Volume Delta and possible to separate big and small lots? I thought it is useful.


not so easy as on other platforms

https://www.sierrachart.com/SupportBoard.php?ThreadID=30230

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  #57 (permalink)
 choke35 
Germany
 
Experience: Intermediate
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I don't think there's a single number that's different in SC since all OF platforms rely on the same CME MDP 3.0 data.
https://www.sierrachart.com/index.php?page=doc/NumbersBars.php

So the only question is if one wants to use pre-aggregated numbers (often with black-box methods) or build her/his
own aggregations out of the basic numbers.

P.S.: Reading the open CME MDP 3.0 specs you can avoid much of the order flow products mumbo-jumbo.
https://www.cmegroup.com/confluence/display/EPICSANDBOX/CME+MDP+3.0+Market+Data

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  #58 (permalink)
Average Joe
Singapore
 
Posts: 33 since Apr 2017
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thanks guys. Need a while to digest.....

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  #59 (permalink)
edward40
Chicago
 
Posts: 143 since Jan 2015
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What is the "mid line" he is discussing usually? Is that the mid of the IB range?

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  #60 (permalink)
 robert880 
Chicago + IL
 
Experience: Beginner
Platform: NT
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edward40 View Post
What is the "mid line" he is discussing usually? Is that the mid of the IB range?

It is the mid point of the current day's hi and low for the regular session.

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Last Updated on April 15, 2019


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