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Date/Time: Fri, 29 Mar 2024 08:38:14 +0000



TPO Chart value area calculation

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[2013-08-22 18:39:22]
andreasBln - Posts: 4
Hi,
is it possible to add different va calculation methods as an option to the tpo chart? I'm interested in method A from linnsoft irt, http://www.linnsoft.com/qa/a/123.htm

I know there was a discussion about that in the past. https://www.sierrachart.com/supportboard/archive/index.php/t-38462.html

Thanks, Andreas
[2013-08-27 05:11:47]
andreasBln - Posts: 4
up.
[2013-08-27 08:58:21]
Sierra Chart Engineering - Posts: 104368
Have you looked at the formula that we currently offer:
http://www.sierrachart.com/index.php?l=doc/doc_TPOVolProfileCharts.html#Calculations

We will see about this. But it may be a while before we can get to it. Although if it is just the value area calculation, it should not be too difficult.
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:
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Date Time Of Last Edit: 2013-08-27 08:59:03
[2013-08-27 09:33:06]
andreasBln - Posts: 4
Thanks for your answer. I looked to that calculation, but it is different to IRT method A.

from https://www.sierrachart.com/supportboard/archive/index.php/t-38462.html , user joeroma


The method used by SC and IRT/MD are almost identical with the exception that IRT compares 2 price levels above POC to 2 price levels below POC whereas SC compares 1 price level above and below the POC. The IRT site states that method A is similar to that used by esignal, which has been around for some time and I suspect lot of people use this method. http://www.linnsoft.com/qa/a/123.htm IRT also has Method B which is based on the CQG method.


We will see about this. But it may be a while before we can get to it. Although if it is just the value area calculation, it should not be too difficult.

Yes it is just the value area calculation. If you have some time, it would be nice to add this.

Thanks in advance, Andreas

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