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Date/Time: Tue, 30 Apr 2024 18:56:55 +0000



Volume Dots and Zooming compatibilites

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[2020-08-25 13:48:00]
User372626 - Posts: 59
+1
[2020-09-13 02:48:54]
User455308 - Posts: 19
+1
[2020-12-31 17:28:58]
User968625 - Posts: 256
+1
[2021-01-01 10:11:24]
User432142 - Posts: 44
+1
[2021-01-27 17:51:27]
John - SC Support - Posts: 31228
We have added two new options to the Large Volume Trade Indicator Draw Mode for Based On Entire Bar Total Volume Above Threshold and Entire Bar Bid/Ask Volume Above Threshold. These will give a single indicator placed at the High of the bar for the given item.

The Total Volume is the total volume of the entire bar of trades that are larger than the Threshold.

The Bid/Ask Volume is the larger of the Bid or Ask for the entire bar of trades that are larger than the Threshold for the Bid or Ask. The determination of whether it is the Bid or Ask can be done by the color of the marker.

These changes will be in the next Pre-Release v 2225.

We are continuing to do some additional work on the study, including allowing a change in the position of the single indicator and some coloring options. But wanted to get this change out now.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-01-28 17:25:41]
User75949 - Posts: 108
what would be even more interesting is to add ASK-BID (difference) of the bar that means the deltta volume. I think that you can do it easily and would be a great improvement.
regards
[2021-01-28 18:11:34]
John - SC Support - Posts: 31228
How would you prefer to see the Bid Dominant numbers?

Should they just be negative?

Or should they be positive, and you would differentiate the Ask from the Bid by the marker coloring?

We are considering adding Bid/Ask coloring to the Text as well. Would that be the best way to differentiate Bid and Ask dominant delta when both numbers are positives?
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-01-29 08:46:37]
User75949 - Posts: 108
conventionally it has to be the difference: ASK volume minus BID volume, so when the result is positive means more aggressive buyers and when it is negative it means more aggressive sellers.
To have a Bookmap like representation, in my opinion probably an easier possibility could be to work on the Volume At Price Threshold Alert V2, (I've done the chart you see below with it but putting on more than one indicator with different setttings) just adding "Automatic Indicator Size", on this indicator there is already the Ask Volume - Bid Volume Difference... so it would be perfect and more flexible.
regards
image1-29-2021 09-28-04.jpg / V - Attached On 2021-01-29 08:39:41 UTC - Size: 316.44 KB - 482 views
Attachment Deleted.
[2021-02-02 00:51:16]
whats1thingnow - Posts: 407
conventionally it has to be the difference: ASK volume minus BID volume, so when the result is positive means more aggressive buyers and when it is negative it means more aggressive sellers.

yes, that would be amazing to have delta volume (ask - bid diagonal difference)

tahnk you sc
[2021-02-02 01:08:07]
whats1thingnow - Posts: 407
@User75949

To have a Bookmap like representation, in my opinion probably an easier possibility could be to work on the Volume At Price Threshold Alert V2, (I've done the chart you see below with it but putting on more than one indicator with different setttings) just adding "Automatic Indicator Size", on this indicator there is already the Ask Volume - Bid Volume Difference... so it would be perfect and more flexible.

thanks for this

do you mind sharing the settings you have with us?

Thank you very much
[2021-02-02 01:22:56]
Ackin - Posts: 1865

John - SC Support)
We are considering adding Bid/Ask coloring to the Text as well. Would that be the best way to differentiate Bid and Ask dominant delta when both numbers are positives?
John, I wrote it a few years ago and it was rejected. So I'm trying again:



New Drawstyle "Transparent Circle Ratio" with two colors

and

New Drawstyle "Transparent Rectangle Ratio" with two colors
imageDrawstyle.png / V - Attached On 2021-02-02 01:22:44 UTC - Size: 6.97 KB - 435 views
[2021-02-02 01:27:01]
whats1thingnow - Posts: 407
New Drawstyle "Transparent Circle Ratio" with two colors
this would be amazing
[2021-02-02 01:51:14]
Ackin - Posts: 1865
yes, that would be amazing to have delta volume (ask - bid diagonal difference)

This can be made even now and very easily by modifying the Volume At Price Threshold Alert study but it is unusable without a visible ratio of the opposite side (graphically).



this would be amazing


Yes, that would be nice ..... I have already made a suggestion in the past and my friends from the CZSK forum for more than 10 Draw styles, only "point variable size with border" was approved

The same view as the delta rectangle drawstyle would be good for numbersbaras as a separate item in a column.

One of my members also suggested a "Bold text" drawstyle to the numbersbar for imbalance or another condition to be determined as SG.

------------------------------------

Everything can be made separately using custom studies and we have many such things available, but the native solution for drawstyle will always be better, of course.

------------------------------------

If you are interested in Volume DOT delta, look at post #36
Date Time Of Last Edit: 2021-02-02 02:06:28
[2021-02-02 21:36:36]
John - SC Support - Posts: 31228
We have made some additional updates to the Large Volume Trade Indicator that will be in the next Pre-Release v 2227.

The following updates have been made:

- New Draw Modes:
- Based on Total Ask Bid Difference Above Threshold: Takes the total Ask above threshold minus the total Bid above threshold at each price level (positive numbers are Ask dominant, negative numbers are Bid dominant). Automatic Marker Sizing is based on the Bid or Ask size (i.e. each side shows appropriate sizing for just that side)

- Based on Entire Bar Total Volume Above Threshold: Gives a single value of the total of the volumes above the threshold for the entire bar.

- Based on Entire Bar Total Bid or Ask Volume Above Threshold: Gives a single value of the Total Bid or the Total Ask above the threshold for the entire bar (whichever is larger).

- Based on Entire Bar Ask Bid Different Above Threshold: Gives a single value of the Total Ask Above Threshold minus the Total Bid Above Threshold (positive numbers are Ask Dominant, negative numbers are Bid Dominant). Automatic Marker Sizing is based on the Bid or Ask size (i.e. each side shows appropriate sizing for just that side).

------------------------

- Entire Bar Marker Vertical Alignment: Allows placement of the single marker when using Draw Modes for Entire Bar.

- Entire Bar Marker Vertical Offset in Ticks: Allows for an offset in ticks from the placement of the Entire Bar Marker Vertical Alignment.

- Bid Text Color: The color of the text when the dominant side is Bid.

- Ask Text Color: The color of the text when the dominant side is Ask.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2021-02-02 21:36:55
[2021-02-03 19:54:32]
whats1thingnow - Posts: 407
thank you john

any chance we can add the ask - bid diagonal difference too?

you guys rock
[2021-02-07 11:47:53]
Ackin - Posts: 1865
John - SC Support)
#60 Would this be possible?

Thank you
[2021-02-08 14:25:55]
John - SC Support - Posts: 31228
WRT Post #65, we will be looking into this in the near future, but you know how things go, so we can't make any promises.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-02-10 15:24:29]
User75949 - Posts: 108
just downloaded the pre-realise 2227 (36090) an put on the indicator Large Volume Trade on a ONE TICK CHART put on the Draw Mode "Based on Enttire Bar Total Ask Bid Above Threshold - Difference, but something is not correct in my opinion, I've setted the Volume Threshold at 100, it should draw all the DIFFERENCE ASK-BID TRADED from 100 contracts and more drawed at different dimensions according to the actual difference numbers.
The point is that if I compare this chart with another chart (again a 1 tick chart- exactely the same) where I used the indictor Volume at Price Threshold Alert V2 that draws Circles of different dimension starting from 100 (ask-bid difference) to 300 (6 indicators, 3 for the positive numbers and 3 for the negative numbers) the 2 charts are very different, instead they should be very similar.
The Volume at Price Threshold Alert V2 seems more reliable, but it is not practical... it misses the Automatic Indicator Size.
How could be this difference? wouldn't be possible simply adding to the Volume at Price Threshold Alert V2 or there is an expalation that I don't understand for this difference?
regards
imageVolume at Price Threshold Alert V2.jpg / V - Attached On 2021-02-10 15:19:15 UTC - Size: 369 KB - 436 views
Attachment Deleted.
imageLarge Volume Trade Indicator.jpg / V - Attached On 2021-02-10 15:19:28 UTC - Size: 417.23 KB - 401 views
[2021-02-10 16:05:25]
John - SC Support - Posts: 31228
We see that you are using a Range Bar, so we need to know what settings you are using for the Range Bar for each chart.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-02-10 16:09:21]
User75949 - Posts: 108
Range per Bar - Standard (in ticks)
Setting:1
Session Time 00:00 to 23:59:59
Graph Draw Tipe: Line on Close

it is a one tick chart
[2021-02-10 18:51:59]
John - SC Support - Posts: 31228
There is a fundamental difference between how these two studies work that you need to understand:
- Volume at Price Threshold Alert V2: Gives an indicator when the total of the calculated volume at that price exceeds the threshold.
- Large Volume Trade Indicator: Only accumulates trades that are larger than the threshold and then displays the indicator for the resulting calculation.

For example, a bar has a Bid Volume of 73 and an Ask Volume of 182.
- Volume at Price Threshold Alert V2 set to Ask Bid Difference with a threshold of 100: will give an indicator since 182-73 = 109 (>100).
- Large Volume Trade Indicator: May give an alert, depending on if any individual Trade is > 100. Most likely, this will not be the case.

Also, if you are wondering why you would see a difference in your 1 charts since they only reflect a single trade - your charts are not 1 tick charts. Since they are setup as a 1 tick Range chart, there can be multiple trades that occur within the range of 0.25, and you can see that your bars actually have a range of 0.25 (meaning they stretch from one price point down/up to the next price point. In order to have a true 1 tick chart you need to set your chart to Number of Trades and then use a setting of 1.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-02-11 14:48:10]
User75949 - Posts: 108
Thank you John,
very clear explanation, this was my doubt on the Large volume Trade Indicator... but since there was this new Draw mode I was wrongly thinking that we could detatch it from the trade, but that's ok.
The point is that I'm not interested in the trade sampling because in my opinion it has little if no practical use, it is much more important volume at price, so it would be really apreciated if you could add to "Volume at Price Threshold Alert V2" the AUTOMATIC INDICATOR SIZE, making it much more usable and practical
Thank you
regards
[2021-03-16 21:03:10]
John - SC Support - Posts: 31228
We have added in the ability to have Diagonal Difference for the Large Volume Trade Indicator. This will be in the next Pre-Release (v 2241).

There is a new Draw Mode named "Based on Total Ask Bid Volume Above Threshold - Diagonal Difference". Since it is possible to have both Diagonal Bid and Diagonal Ask values at the same price level, the Diagonal Bid and Diagonal Ask are slightly offset from center to each be in their own column. When there is data for both, a "|" separator is used between them. Additionally, two markers are placed if there is data for both.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2021-03-18 13:45:44
[2021-04-23 08:31:43]
Ackin - Posts: 1865
John - SC Support)
#60 Any news?

Thanks
[2021-04-23 14:51:02]
John - SC Support - Posts: 31228
I continue to look into it as I have time, which is not much.

But, it is much more involved than I had originally thought, as we would have to create the OpenGL implementation for this as well, as it does not currently exist.

I really do not know when we will be able to get this done.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-04-24 06:59:18]
Ackin - Posts: 1865
John - SC Support)
thank you...Many traders came to Sierrachart from Bookmap (or use Bookmap as another platform). The above requirement is one of the things that would take Sierra one step forward. With a limit of 60 SGs, this is the only way to display Delta Volume at price in one graphics tag without externally loading another graphics library. A native implementation would be great.

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