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I trade volume profile and have just made the switch from ninjatrader to sierratrader. However when looking at a bit larger time frame like 30 days or so, my profile levels are very different despite using the same chart settings and rollover (backadjusted). How do I know which chart is correct and which is wrong?
Can you help answer these questions from other members on NexusFi?
There are many different ways to calculate a volume profile (time based, averaged, ...)
If you download the dvalue indicator (NT), then you can see the different options available,
all being a proxy and none of them being the 'exact' volume profile.
Sierra will take each trade at the price it happens.
While the difference is subtile, the difference is there
At the end i developed my own volume profile for NT, which now aproximates closely the sierra one.
