Support Board

Date/Time: Thu, 25 Apr 2024 19:48:19 +0000

Post From: Trade Intensity/Pace of Tape indicator for SierraChart?

[2013-04-05 18:26:31] Link To Thread - Link To Post [Go To First Post]
pe1111112 - Posts: 35
Hmm, interesting. I was trying to do it with the "bar time duration" and tick charts. Unfortunately, the smallest time value SC seems to be able to process is 0.0000115740695036948 which it represents as 1.15741E-05. That is not decimals of a second, but is just part of how SC displays time in the worksheets. The goal was to use a fast tick chart and display the time per bar, as bars appearing faster = more trades = lower time per bar, and then modify that data in a worksheet to display when the time per tick bar was under a certain level. However, the lowest value possible is the number I mentioned above, and any bars that take less time than that show a time of 0. Because of this I was unable to get the necessary sensitivity (ie. all the values that exist between 0.0000115740695036948 and 0), and in order to not get a ton of false signals, a higher tick chart value must be used, and the higher the tick chart value used, the less accurate the signal (eg. a 30 tick chart will be better than a 200 tick chart, but there are already a lot of false signals on the 200 tick chart). I'd post example charts but I can't figure out how to post images here. Question for SierraChart staff: what unit of time does a value of 1.15741E-05 represent in the spreadsheets? Is that one second?