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Date/Time: Tue, 30 Apr 2024 04:29:46 +0000



Chart DOM, best bid/ask only

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[2018-04-15 13:06:15]
Napoleon Dynamite3 - Posts: 29
My aim is to display extended horizontal lines of the best bid/ask prices

I searched for a study like “Current price line” applied to bid/ask prices but haven’t found one

Then I enabled Chart DOM, but I am getting all bid/ask levels. Is there a way to display only the top of the book levels ?
[2018-04-16 04:22:22]
Sierra Chart Engineering - Posts: 104368
Yes. Refer to:
https://www.sierrachart.com/index.php?page=doc/GlobalTradeSettings.html#MaxDepthLevelsDisplayed
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

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[2018-04-16 11:00:21]
Napoleon Dynamite3 - Posts: 29
From your link, I can set the depth levels regarding the quantities on the ladder but that’s not my goal.

I wish too choose how many depth levels regarding the thresholds displayed when I select Draw DOM Graph on Chart.
[2018-04-16 13:19:26]
Sierra Chart Engineering - Posts: 104368
There is an option with the DOM Graph to show the levels with the greatest volume and that normally will be the top of book levels. You can use that. Refer to:
Trade Menu: Draw DOM Graph on Chart (Trade menu)
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: 2018-04-16 13:19:47
[2018-04-16 14:49:14]
Napoleon Dynamite3 - Posts: 29
I am on LMAX and most always the levels with the greatest volume are not the Top Of The Book levels.

Wish you could add an option to display TOTP levels only.

Or... adapt the “Custom price line” study so that it can be applied to top of the book bid/ask instead of last price only.

Knowing bid/ask levels is important when trading forex, since there is no last price to trigger fills per say.
thanks for your understanding
Date Time Of Last Edit: 2018-04-16 14:52:31
[2018-04-17 09:28:28]
Sierra Chart Engineering - Posts: 104368
For this use the Bid and Ask Prices study:
Bid & Ask Prices
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
[2018-04-17 12:36:21]
Napoleon Dynamite3 - Posts: 29
For the readers, solved by setting the Draw Style of the recommended study to both “Line at last bar to left side” and “Line extend to edge” to achieve an horizontal line of the last bid/ask prices only
[2018-04-18 23:11:17]
AlexPereira - Posts: 197
Hi Napoleon,

If you allow me a tip, you have the Study: "Current Bid Ask Lines". I am currently using it, since it also allows to create a transparent "area" between bid and ask prices ( using transparent fill rectangle top/bottom ).
[2018-04-19 00:15:42]
Sierra Chart Engineering - Posts: 104368
Current Bid Ask Lines is a new study just added in the latest prerelease.
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

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