Login Page - Create Account

Support Board


Date/Time: Mon, 29 Apr 2024 11:11:44 +0000



[User Discussion] - Custom Market Profile Chart

View Count: 20261

[2015-02-19 19:14:23]
WarriorTrader - Posts: 245
Hello,

Here is a study that will create a second profile in the chart fill space after the last bar or profile. You can expand the profile or leave it as a regular profile. The bars are also color coded so breakouts and trends can be easily seen. Letters or blocks can be selected.

Just load the study on a bar chart that has the time frame you would like the profile to be in (usually 30 minutes) then direct the study to the chart that you want the profile to be displayed. So you can put a profile on any type of chart or you can combine time frames.

Maker sure the bar chart has the correct start and end times.

I have included a second study (CustomProfileFillSpace) that will add one space to the fill space every 30 minutes so you will not have to adjust the fill space throughout the day (it will not add spaces when the chart is minimized).

I’ve been using it for over a year without any problems, so it is very stable.

You can leave suggestions or questions here. No source code will be provided.

Compiled on version 2009 but tested on 1232

--WT

Date Time Of Last Edit: 2015-02-21 18:13:24
attachmentCustomProfile_U.dll - Attached On 2015-02-19 19:10:06 UTC - Size: 81.5 KB - 927 views
attachmentCustomProfileFillSpace.dll - Attached On 2015-02-19 19:10:32 UTC - Size: 60.5 KB - 900 views
attachmentCustomProfileFillSpace.cpp - Attached On 2015-02-19 19:10:48 UTC - Size: 2.16 KB - 844 views
imageCustomProfile1.png / V - Attached On 2015-02-19 19:12:31 UTC - Size: 100.1 KB - 2131 views
imageCustomProfile2.png / V - Attached On 2015-02-19 19:12:45 UTC - Size: 89.44 KB - 1833 views
imageCustomProfile3.png / V - Attached On 2015-02-20 15:53:04 UTC - Size: 70.8 KB - 1582 views
[2015-02-20 10:14:24]
crazybears - Posts: 314
Hi WarriorTrader

thanks a lot for your study
I tried to apply but nothing appears after change the day loaded from 30 to 200 2 profile have been drawn .
when i click on apply button others profiles have been drawn
if i remove the study profiles don't disappear.
i'm on SC v 1233
thanks for your help

[2015-02-20 13:15:21]
WarriorTrader - Posts: 245
Hello,

OK, will add delete routine when someone removes the study. For now you will have to close and reopen the chartbook. You will have to be more specific about your problem. Maybe post a picture. The profile appears in the fill space. Did you expand your fill space?

--WT
[2015-02-20 14:25:00]
crazybears - Posts: 314
Hi WarriorTrader

if i apply on ES with full session the profile is shown , if i use on a chart without evening session or on another instrument ,e.g CL this is the result:

http://www.sierrachart.com/image.php?l=1424442115130.png

[2015-02-20 15:23:52]
WarriorTrader - Posts: 245
Crazybears,

You should use two charts. One that has the full session (overnight included) and one that you want the current day's profile displayed on. And make sure the start and end times are correct on the first chart that has the Custom Profile study loaded.

It looks like you are trying to display the profile on the chart that has the study. That's why you have two lines for the first period. Theoretical using only one chart will work but I designed it to use two charts. You also will not be able to see the line that has the overnight range using only one chart.

For the time 9:23 that picture looks right, but for two lines showing up instead of one.

--WT

Let me know if that worked.


Date Time Of Last Edit: 2015-02-20 15:41:05
imageCustomProfile3.png / V - Attached On 2015-02-20 15:23:39 UTC - Size: 70.8 KB - 1520 views
[2015-02-20 15:39:29]
WarriorTrader - Posts: 245
Hello,

Let me clarify. The Custom Profile will display a profile for the current day session and a vertical line to mark the overnight range. It uses the start and end times you have set for the "Session Times" section in your chart settings.

It will also display historical profiles on the bar chart that has the study loaded. I originally wrote it to display an extra profile on an already existing TPO Chart so you can see each period expanded while looking at the TPO profile which is not expanded. But there are many possibilities even if you are not using a TPO Chart, I just have not thought of the different ways of using the study.

--WT


Date Time Of Last Edit: 2015-02-20 19:10:37
[2015-02-22 17:40:14]
WarriorTrader - Posts: 245
Crazybears,

I see the problem with the crude oil profile. Unfortunately the only solution is to set "Separate Live Columns" and "Separate Historic Columns" to yes. The regular profile is not working for crude oil.

I suspect crude's large amount of ticks between whole numbers (100 ticks in crude as opposed to 4 ticks in the e-mini)is overwhelming the Sierra Chart custom study frame work. The Custom Profile study runs exactly the same regardless of the symbol used so it was surprising to see the problem.

It took hours, but I did track down the exact problem. Without getting technical, two numbers that are equal are not being treated as equals when they are compared. This could be a memory issue. Anyway it is out of my hands.

If the regular profile does not display, they you can use the profile in separate columns.

I might post something for SC support but it may be beyond the support they will give and they would probably have to make major changes to how they manage memory in SC.

This study is stretching the limit on what can be done with the SC coding framework.

--WT
Date Time Of Last Edit: 2015-02-22 17:50:42
[2015-02-22 17:50:01]
WarriorTrader - Posts: 245
Hello,

This version will delete the profiles if the study is removed. I also clarified the study setting descriptions.

The study uses Global Variables which means you should only use it on one symbol. I will change this later on when I have the time or if people request it.

Enjoy
--WT
imageCustomProfile4.png / V - Attached On 2015-02-22 17:47:24 UTC - Size: 81.42 KB - 1350 views
imageCustomProfile5.png / V - Attached On 2015-02-22 17:48:36 UTC - Size: 59.62 KB - 1117 views
attachmentCustomProfile_U.dll - Attached On 2015-02-22 17:49:09 UTC - Size: 82 KB - 727 views
[2015-03-24 23:33:22]
WarriorTrader - Posts: 245
Hello,

Here is an updated and improved version. It no longer uses global variables so you can use the study on multiple charts.

The regular profile now works with crude oil or any other contract. I fixed the problem. The study was comparing to many floating point numbers

Good Luck,
--WT

Date Time Of Last Edit: 2015-03-26 17:02:40
attachmentCustomProfile_U.dll - Attached On 2015-03-24 23:32:30 UTC - Size: 87 KB - 712 views
[2015-04-13 16:59:17]
WarriorTrader - Posts: 245
Hello,

Here is an updated version. Enjoy.

-WT
imageCustomProfile6.png / V - Attached On 2015-04-13 16:58:09 UTC - Size: 81.74 KB - 1347 views
imageCustomProfile7.png / V - Attached On 2015-04-13 16:58:21 UTC - Size: 102.87 KB - 1380 views
attachmentCustomProfile_U.dll - Attached On 2015-04-13 16:58:44 UTC - Size: 86.5 KB - 847 views
[2015-04-14 03:58:10]
crazybears - Posts: 314
Hi WarriorTrader

thanks for the indi
[2015-04-15 13:09:06]
WarriorTrader - Posts: 245
You are welcome crazybears,

I know the color scheme helps me identify balance and excess. How are you using the study?

--WT
[2015-04-15 20:47:04]
crazybears - Posts: 314
i read the books about MP but i have to admit it's not completely clear the best way to use it for intraday trading.
usually i look if price is outside VA and reaction of price when come back to area where there is single or a few prints.


[2015-04-25 16:21:57]
SgtJ - Posts: 154
WT, nice work, though I still need to play with it to have it display correctly.

You mentioned suggestions...wondering if you've considered implementing Steidlmayer's TVP
into this?
[2015-04-28 04:47:09]
WarriorTrader - Posts: 245
Thx,

WT, nice work, though I still need to play with it to have it display correctly.

You mentioned suggestions...wondering if you've considered implementing Steidlmayer's TVP
into this?


How do you need to play with it? Are there any errors I need to fix?

I saw a Steidlmayer webinar a while back where he explained dynamic profiles. I guess that is what you are calling TVP. It was considered but I decided against it. Steidlmayer keeps trying to make market profile a mechanical system. TVP seams to be another failed attempt.

Jim Dalton was my main teacher and I still look at his webinars.

I would do it but not for free.

Good Luck,
WT
[2015-04-28 21:29:56]
SgtJ - Posts: 154
It wasn't displaying correctly, but I didn't have time to work thru it.

Am I able to contact you via bigmike's re TVP?
[2015-04-29 01:42:48]
WarriorTrader - Posts: 245
Am I able to contact you via bigmike's re TVP?

Yes - BigMike ID: daVinciLite


[2015-04-29 05:49:28]
Acro - Posts: 436
Hi WT,

Thanks for this DLL.

Is there any chance you could add in an option to change the first letter of the profile.
My TPO charts all begin with the letter "D" and would greatly appreciate it if I could start your profile with a "D" too.
[2015-05-03 22:35:06]
WarriorTrader - Posts: 245
Is there any chance you could add in an option to change the first letter of the profile.
My TPO charts all begin with the letter "D" and would greatly appreciate it if I could start your profile with a "D" too.

OK. Will do this sometime this week.

--WT
[2015-05-12 07:26:36]
User96267 - Posts: 43
Hi there,

is it possible to use this study with package 3? If so, how do I set it up?

Best regards and nice job!

[2015-05-12 20:11:12]
WarriorTrader - Posts: 245

is it possible to use this study with package 3? If so, how do I set it up?

It will work with any package or no package. Just place the .dll file in the "data" folder and follow the directions on adding a custom study.

Good Luck
-WT
[2015-05-13 07:11:36]
User96267 - Posts: 43
Thank you! Will try it in the next days and give feedback.
[2015-06-01 12:50:09]
WarriorTrader - Posts: 245
Is there any chance you could add in an option to change the first letter of the profile.
My TPO charts all begin with the letter "D" and would greatly appreciate it if I could start your profile with a "D" too.

This version will let you select the starting letter.

Good Luck.
-WT


attachmentCustomProfile_U.dll - Attached On 2015-06-01 12:49:15 UTC - Size: 86.5 KB - 686 views
[2015-06-02 21:56:50]
User787669 - Posts: 5
Hi. Would this study work on foreign exchange currencies such as the euro.
I downloaded it. Applied it to a 5 min euro chart and it shows just a bar. I guess its the overnight range bar.

thanks in advance.
[2015-06-02 22:04:28]
User64630 - Posts: 19
Hi WarriorTrader,
Congratulation for your great indicator but it is possible to have the cpp program.
Regards.

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account