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Direct MessagesDate/Time: Fri, 03 May 2024 12:53:42 +0000
Why Are TPO Profile Charts and TPO Value Area Lines So Different?
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| [2015-03-01 18:33:54] |
| cmet - Posts: 537 |
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Hopefully someone can help me figure this out. What I have is this: 1. 1 Min Chart of ES, Day Session only 2. Standard TPO Profile (30min blocks, 70% value area, etc) 3. TPO Value Area Lines. These are set to the same 30min and 70% value area and are set to plot the value area and POC from the previous day onto the current day. However, when I do this, the levels are completely off. Here is an annotated image of the chart and the settings. The TPO Value Area Lines are the grey boxes with the pink POC. http://s7.postimg.org/w0nkydg0r/TPODifferences.jpg They should line up with the previous day's value area and POC. Sometimes some of them are close but they should be exact. I've checked/tried everything here: https://www.sierrachart.com/index.php?page=doc/doc_TPOVolProfileCharts.html#IncorrectValues and it my settings look correct for getting accurate results. What might cause this? Date Time Of Last Edit: 2015-03-01 20:08:53
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| [2015-03-01 20:08:11] |
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Refer to: https://www.sierrachart.com/index.php?page=doc/doc_TPOVolProfileCharts.html#UsingOtherStudies Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2015-03-01 20:31:41] |
| cmet - Posts: 537 |
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Okay, so the solution is simply this: 1. Plot TPO Value Area Lines onto a 1 Minute chart (or any time frame that is an increment of 30 - 2,3,5,6,10,15). 2. Use Study/Price Overlay to then add it to any other chart you want. The levels plot accurately this way. Date Time Of Last Edit: 2015-03-01 20:40:21
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| [2017-10-12 19:27:24] |
| User459170 - Posts: 262 |
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Why are the following two studies on the same chart giving completely different Value area lines? a) TPO Profile Chart b) TPO Value Area Lines I have gone through the above link, but that doesnt explain the difference. |
| [2017-10-12 21:01:08] |
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The reason is explained here: Time Price Opportunity (TPO) Profile Charts: Using Other Studies on a TPO Chart (Using Other Studies on a TPO Chart) TPO Value Area Lines is not a study which can be used on a TPO Profile Chart. It is not listed in the section linked to. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2017-10-12 21:01:25
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