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Date/Time: Mon, 06 May 2024 00:27:03 +0000



Another Scale Option (Feature Request)

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[2017-04-08 14:12:21]
User58241 - Posts: 24
When you right-click on the scale of any of the chart regions, there are three options you can chose from: "Scale Range Automatic", "Scale Range Independent" and "Scale Range Constant Range". Would it be possible to add "Scale Range User Defined"? The reason for asking is because when volume is the indicator, there is such a large variance between the day and evening sessions that I always have to chose "Scale Settings" and then select "User Defined" to get my desired range for the evening session. I realize that this is only one additional step, but it would be nice to be able to toggle between the day and evening session volumes without having to do that extra step. This is not a major deal, but one of those "nice to have" options if ever you find the time to add it.

Another option, maybe even better, might be to modify the volume indicator to allow for two sessions, one to represent the day session, and one to represent an optionally-defined evening session. Defining the specific time for this evening session within the volume indicator itself would be great. And then, if a multiplier (determined by the user) could be used to increase the visible representation of volume on the chart for the evening session, this, in essence, would visibly "normalize" volume on the charts between the two sessions. And it would eliminate the need to modify the scale on any chart region that has volume on it (i.e. it would be able to stay on "Scale Range Automatic"). I realize that volume for the evening session would not then be actual volume, but that does not matter to me. I just want to be able to see where large increases/changes in volume for both day and evening sessions occur, without having to go through any adjustments to indicators or scales to get there. Does this make sense?

Thanks again for all you do to make Sierra Chart such a great program, and thank you for your consideration of this idea as well!

Dan V
Date Time Of Last Edit: 2017-04-09 15:32:49
[2017-04-11 02:56:41]
Sierra Chart Engineering - Posts: 104368
We will add this assuming there are no complications.
Sierra Chart Support - Engineering Level

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[2017-04-30 18:29:16]
User58241 - Posts: 24
Just another idea to add to the conversation: Obviously the more automated one can make a process the better. I had suggested letting the user determine the multiplier used in trying to "normalize" volume between day and evening sessions. What may be even better would be to automate that by having the charting program take the the average volume of the previous day session and divide it by the average volume of the previous evening session. This, then, could serve as the "automatic multiplier" used to "normalize" volume for the current evening session. However, realizing that it is possible for volatility and volume to change significantly from one day to the next, it would be good to allow for an override option that a user could "set" to override the automatic multiplier calculated by the program. If it were possible to display that automatic multiplier in some way (maybe even in the "Study settings" itself, where the override multiplier would be set by the user), that would make it easier for a user to calculate, more or less, what value to put in the override setting if there has been a particularly large increase or decrease in volume from one day to the next. I realize that this whole idea would add some complexity to the programming, but it may be a useful way to go if it were possible to do. Again, the actual values for volume during the day and evening session are not important to me in the least. I just want an acceptable, visible representation of what volume is doing at different points on the chart (i.e. particularly where there are large increases or decreases in volume) displayed in a "normalized" fashion between day and evening sessions.

Anyway, some food for thought... Thanks again for your willingness to look at this new-feature possibility!

Dan
Date Time Of Last Edit: 2017-04-30 18:42:27

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