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Direct MessagesDate/Time: Tue, 14 May 2024 06:45:33 +0000
Post From: Study for Bar Range-Time-Volume
| [2016-06-15 14:06:49] |
| User13668 - Posts: 291 |
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User 94740: I can see why SC have found your post/ vauge. But I suspect you may be a member of Futures.io forum and have been following the threads that look at 'speed of bar/trades/volume' as a point of possible trade initiation. I am aware of those threads so I think I can glean what you were asking of SC. As SC responded there is the Volume by Price study but that does not include a Time element. There is also the Bar Duration study, but that does not include either a price or volume (depending on bar type used) element. There is a User Contributed study (that is NOT in the UC package supplied by SC) that is called Speed of Trades (SoT) it provides a measure of how many Trades occur per second, so if it is applied to a Range or Renko chart it will tell you how many Trades per Second occurred in that bar. This gives you an indication of speed relative to time/trades in a price bar. Note: the usage of the word Trade is deliberate ie the study looks at Trades not Volume and there is no option to change this and I do not believe the source code has been posted. You will find the study here at post #7 (read the whole thread): Trade Intensity/Pace of Tape indicator for SierraChart? This study was written a while ago and @ganz says that they were still waiting for some database changes to be made by SC. Maybe Sierra Chart Engineers could add/replicate this study as standard, or could reach out to @ganz for you (I don't think we can contact other SC posters directly) to verify if his study is still valid and possibly get the source code and /or add an option to have Speed of Volume in addition to Speed of Trades. I believe @ganz is still an active member here. Date Time Of Last Edit: 2016-06-15 14:08:47
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