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Date/Time: Fri, 17 May 2024 18:17:31 +0000



VbP sggstn: simple stats mode

View Count: 2192

[2015-12-23 18:49:50]
ganz - Posts: 1048
SC Support

1. Set a chart as 1-minute
2. Set VbP for every 10 minutes
3. Change that chart to Range Bar
4. Check the numbers.

It were not the same in my tests.
[2015-12-23 19:48:27]
Sierra Chart Engineering - Posts: 104368
No, they will not be the same because Range bars will not be exactly a 10 minute span of time. If you are trying to always get exactly 10 minute Volume Profiles on Range bars, that is not technically possible with how Sierra Chart is designed. and seems illogical because there is no consistency between the Volume Profiles and the bars.

It is supported, to base Volume Profiles on a specified number of Range bars. This can be as little as 1 bar or any number of Range bars.

So it is not clear what you are trying to do.
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: 2015-12-23 19:49:15
[2015-12-24 03:16:31]
ganz - Posts: 1048
SC Support

Wow! Now I see.

Looks like VbP study was not properly designed.

It calculates different amount of trades for 1 minute bar chart and for 16 Range bar chart using every 10 mintes VbP option?

Why you just not took all records from *.scid for that period of a time?

Volume should be the same for every 10 minutes chunks. isn't it? :)

Please, improve this study.
[2015-12-24 03:19:28]
ganz - Posts: 1048
SC Support
Volume should be the same for every 10 minutes chunks. isn't it? :)
I mean for any type of a chart if VbP option sets to every 10 min
[2015-12-24 03:30:42]
Sierra Chart Engineering - Posts: 104368


It calculates different amount of trades for 1 minute bar chart and for 16 Range bar chart using every 10 mintes VbP option?
Yes this is correct. This will not change.
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
[2015-12-24 03:57:14]
ganz - Posts: 1048
SC Support

The idea of the suggestion was to calculate the proper value of mean and stdev for a period.

The right stats is the MAIN thing we need.

So I can't accept this way to do stats. It is just incorrect.

Also this is unfair to traders when an VbP option doesn't exactly what it calls.

So in this terms I'm not interested in using such charting platform until stats will be redesigned in the proper way.

Let me know when you decide to use the right way for stats and not a mess.
[2015-12-24 04:16:01]
Sierra Chart Engineering - Posts: 104368
Therefore, goodbye. The change you are requesting will not come.

We also do not agree with your conclusions here:

It is just incorrect.

Also this is unfair to traders when an VbP option doesn't exactly what it calls.

So in this terms I'm not interested in using such charting platform until stats will be redesigned in the proper way.

Let me know when you decide to use the right way for stats and not a mess.

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
[2015-12-24 04:34:35]
ganz - Posts: 1048
SC Support

We also do not agree with your conclusions here:

So, just publish this issue to all users and see at a feedback. :)

your conclusions here:
It is hard to imagine that any serious person would accept this way to do stats.

The change you are requesting will not come.
It was the attempt to support SC.
I'm able to use ANY way to do stats for any type of db.
But wrong stats is absolutely unacceptable.
You are wrong.
[2015-12-24 04:37:29]
ganz - Posts: 1048
SC Support

Therefore, goodbye.
Accepted.
[2015-12-24 04:39:40]
Sierra Chart Engineering - Posts: 104368
No, we are not wrong at all. What you are asking for is completely illogical. And we are going to be very firm and assertive on this.

The more we think about it, the more we realize the complete absurdity of the request from an implementation standpoint. We are never going to engage in this as it is way too complicated and it is going to mess up an already good design. There is no implementation logic to this.
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: 2015-12-24 04:46:54
[2015-12-24 04:56:47]
Sierra Chart Engineering - Posts: 104368
Post removed.
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: 2015-12-24 05:12:21
[2015-12-24 05:11:06]
Sierra Chart Engineering - Posts: 104368
Correction to post #35. We looked at the code now and the mean and standard deviations are calculated properly and according to your specifications.

We apologize for the misunderstanding. Just too many things to think about.

We are correcting the post now.
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
[2015-12-24 05:19:12]
ganz - Posts: 1048
SC Support

You need to be more quiet. Relax, sir. Breath. :)

In any way just take last 50$ from my Additional Services Balance and forget about it, or ...

publish the issue to users and get a feedback. I don't care.

I'm sure you are wrong to do the stats this wrong way.
Math stats is not a doll to play with.

Do what you need. I'm out.
[2015-12-24 06:03:16]
Sierra Chart Engineering - Posts: 104368
The calculations are done correctly.

You need to understand that studies work from the bar data. In each column in the chart, a study is not going to use data from a portion of a bar, and then do another calculation starting on that same bar and use a portion of that bar. So in other words, studies are very structured according to chart bars.

At each chart column, a study will use the data from a bar, and at the next chart column, the study will use the data from the next bar. There are not 2 independent calculations occurring at the same chart bar for a specific Subgraph in the study.

If there are two separate calculations, this would be 2 separate subgraphs. Each one of the calculations, such as the mean, is an individual Subgraph . The subgraph can only hold one value at each chart column.

So what you are asking for, is not even technically possible according to the standard architecture of the program without a confusing or messy implementation. this should be apparent to you.

No one has ever complained about this. And if they do, what they are asking for is totally inconsistent with what should be expected with what they see on the chart.

We did develop the functionality according to your specifications but you also have an undisclosed specification that you want for example a 10 minute statistics calculation on chart bars that do not evenly divide into the 10 minutes. However, there is a solution here.

Create another chart with bars that evenly divide into the calculation time, and then overlay the results to the chart with the Range bars or whatever other type of variable timeframe bars that you are using.

This can be done with the Study/Price Overlay study. Give it a try.

If you want to leave, that is fine. It does not matter to us. The 50 USD will remain on your account.

Math stats is not a doll to play with.
OK, but if you are using chart bars that do not evenly fit into 10 minutes, then you create the inconsistency with the actual output time period of the calculations. This is not our problem but a user created problem which should be apparent to the user.
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: 2015-12-24 06:05:00
[2015-12-24 06:35:06]
ganz - Posts: 1048
SC Support

Nobody cares about that details. Users don't in most cases.
An adequate person needs right numbers. Always!

This is just your wrong way to do stats and set options.
Nobody should make the stats as a mess. In any way by any reasons.

but you also have an undisclosed specification that you want for example a 10 minute statistics calculation on chart bars that do not evenly divide into the 10 minutes.

Are you serious? :)

VbP must be correct for every 10 minutes periods as it was set by option.
In other way you should not allow use this study for non-time period charts using time-based options.

Or you need to point to all SC users that VbP options have not the same output for different type of charts.
Just let them know and you will see that it is not they want to get.

If you want to leave, that is fine.
I'm not leaving with no reasons.
I say I never interested in using wrong stats and SC is not the proper tool at this moment.
And I asked for improve this issue. Your issue.
But you said to me "goodby" because you prefer to cheat users with this.
I was always loyal to SC but in this case I'm unable to be a part of this.
[2015-12-24 08:44:24]
Sierra Chart Engineering - Posts: 104368

But you said to me "goodby" because you prefer to cheat users with this.
I was always loyal to SC but in this case I'm unable to be a part of this.

You have got to be kidding. You position is technically inaccurate. We are not cheating anyone.

If you think you have convinced us that somehow Sierra Chart is doing something incorrectly, and we are somehow cheating users, you are completely wrong! You can post this on 1000 forums and we most welcome it.

There is absolutely no logic to reliably accomplish what you want. It is totally illogical to perfectly fit a 10 minute volume profile or TPO profile for that matter, to variable timeframe bars.
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: 2015-12-24 08:52:26
[2015-12-24 09:02:18]
ganz - Posts: 1048
SC Support

The option is not correct and output is different.
It is more then a lot of words.

I see you are out of the course.
And I want to leave you as is.

This is just another case you are wrong and it will be clear some time in the future.
I don't care and I do not need to post it to other places.

It does not matter to me what you do till I'm not an SC user.

Now it's up to you only.
[2015-12-24 09:21:03]
Sierra Chart Engineering - Posts: 104368
One thing we will do is write up documentation to explain this since it is our policy that as questions are asked or issues raised, that they are answered in the documentation.

But it is merely explaining behavior which should be completely expected.

This is just another case you are wrong and it will be clear some time in the future.
No it will not be. That we are 100% certain of. Perhaps for some users, who are expecting illogical and unreliable implementations, but those are very few.
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: 2015-12-24 09:36:36
[2015-12-24 09:33:21]
ganz - Posts: 1048
SC Support

I'm sure a lot of traders wants to use a volume info. (not me now)
The VbP does it wrong in terms of how it should be fundamentally.
It has no any depends what you think or how you able to do it.

You are talking to me about the way it's implemented
but i'm talking to you how it should be to use it as most traders expected
and fundamentally correct

and yes. you should add this info about different output into the docs and into what's new (really bad news).
a lot of traders will be disappointed I believe
[2015-12-24 19:43:32]
ganz - Posts: 1048
SC Support

You have got to be kidding.
No.
And I was not trying to say that it was your goal.
I mean you don't understand how to use it and this is why the implementation is wrong.
It is critical for traders to get same numbers for all charts especially for stocks and indexes like ES.
A lot of strategies uses pit session, open range, initial balance, 15-min bells, news trading and so on to trade ES using price action that means to use range/renko/pnf and other event driven setups in terms of time-based fundamental behavior.

The method you use to build VP is wrong to use it.
No matter you decide you are happy to do it this way.

So your VbP version is just toxic for wide range strategies in the pure state - with no overlay tricks.
This is bad and sets SC as a low end tool in the market.

This is just facts i'm sure in. No need to complain.
I'm sure you will change your opinion in the future.

I've never studied English so excuse me for wrong grammar and typos.

Good luck.
[2015-12-24 19:48:07]
Sierra Chart Engineering - Posts: 104368
Whatever trader that is disappointed in the result that they get when they use chart bar time frames which do not fit the specified Profile timeframe and think the program is doing something wrong rather than themselves are doing something wrong , then they are most welcome to leave and use another program that they think works better especially if they think they will earn more money from this other program.

Of course they are not going to earn any more money profit wise from this other hypothetical program, they are only wasting their time and money if this other program costs more or does not work as well as Sierra Chart.

After further review of your request, we once again conclude there is no logical implementation method or logical way to present the information to the user which they would clearly understand. It would be a complete "mess".


I'm sure you will change your opinion in the future.

This is where you are wrong.

One thing that we have learned with Sierra Chart development over the years is that it is improper and detrimental to us and to the user base in general to give in to irrational, illogical, disorderly, and unattainable requests from users. Your request is in this category. We are more than happy to lose a few user over their requests.
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: 2015-12-25 00:58:08
[2015-12-25 01:53:24]
Sierra Chart Engineering - Posts: 104368
One final comment, we do appreciate the support you have given us in the past although we are not aware of all of the details of that.

And have a good new year.
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
[2015-12-25 18:13:00]
ganz - Posts: 1048
SC Support

Do you unhide the discussion and add the study?
Is it the sighn you want the feedback from traders?
[2015-12-25 19:50:21]
Sierra Chart Engineering - Posts: 104368
The additional statistics capabilities have already been added to the Volume by Price study as you already know.

We are not interested in any feedback and we will pay no attention to it. But we see no reason why the thread should be hidden.
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
[2015-12-25 20:20:37]
ganz - Posts: 1048
OK.

to traders:

This stats might be useful as a cummulative values for a short term time ranges.
Check for S/R levels.

This also might be more logical and useful to use it for Forex.
[2015-12-26 20:06:29]
ganz - Posts: 1048
SC Support

I don't want to be discursive so the suggestion/solution is:

1. Transfer the money from my Additional Services Balance to the Usage time Package 5.

2. Since you decided to unhide the discussion it is not the personal but public issue and I will see what traders really think.

3. I leave it to community and I'll make the payment 11-15 Jan '16

4. I'll not share other parts of the system this stats is part of.

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