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Date/Time: Tue, 16 Apr 2024 13:10:36 +0000



depth question on new update 1911

View Count: 4298

[2019-04-29 21:51:14]
User700573 - Posts: 13
Wholeheartedly join in HKCO1's request! Thank you Sierra engineers for considering this simple fix
[2019-04-29 22:35:13]
User117347 - Posts: 46
Yes, please correct this issue that HKC01 patiently described. Appreciation in advance!!!!
[2019-04-29 23:08:10]
Tooth Fairy - Posts: 79
@User138602 It's called normalization & there are many ways to implement that. SC could make a toggle switch: absolute value & normalization. For immediate use, absolute value is good enough and when they have time & manpower, they can decide what type of normalization should be used.
Date Time Of Last Edit: 2019-04-29 23:09:45
[2019-04-30 11:59:04]
User920076 - Posts: 5
+1 HKC01
[2019-04-30 19:50:18]
User792313 - Posts: 1
+1
[2019-04-30 21:18:21]
Sierra Chart Engineering - Posts: 104368
The following changes and additions are going to be done:

1. Each color range for the bid and ask side will have a minimum color setting. A quantity number that maps to a particular range will have a color between those two colors (maximum and minimum).

2. There will be an option to use percentages or absolute quantity numbers to determine what particular color range a particular quantity depth maps into.

3. The maximum and the minimum depth quantity for the bid and ask sides independently will be determined in the primary calculation function and not when the chart is drawn. This is going to improve performance and also create stable color mapping no matter where the chart is scrolled to.
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: 2019-04-30 21:19:08
[2019-04-30 21:37:03]
User20450 - Posts: 330
thank you for doing this , i think this will be very helpful for many , so we will be able to do the following ? choose our colors from 0123 and then have % on each price like in pic below ?
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[2019-05-01 12:14:29]
User187881 - Posts: 2
Great idea if implemented
[2019-05-01 15:36:06]
User450950 - Posts: 9
thank you!!
[2019-05-01 15:47:31]
User764263 - Posts: 1
many thks SC guys.will add value to the product
[2019-05-01 17:22:35]
RogerT - Posts: 10
sounds great, thanks Engineering team !
[2019-05-16 14:25:05]
John - SC Support - Posts: 30870
We have the first of the updates ready and is available in version 1919. This change has Minimum Range colors that can be set and then the interpolation of the color based on a particular volume is done between the Maximum and the Minimum defined colors.

There is also a setting to control whether these Minimum color values are used which is named Use Range Minimum Colors. By default this is set to No, which continues to use the Background color as the Minimum color for each range. Set this Input to Yes to use the defined Minimum colors.

Note that by default, the Minimum Colors are set to the Maximum color of the next range, so if the colors are not changed, and the option for Use Range Minimum Colors is set to Yes, then the colors for each range are going from Range to Range.

The documentation will be updated shortly to reflect these changes.
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: 2019-05-17 22:11:42
[2019-05-17 22:10:12]
John - SC Support - Posts: 30870
Update to the last post - this functionality is now available with the latest Pre-Release version 1919.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-05-18 17:57:03]
User62936 - Posts: 64
Will you still be implementing the option to set colors based on an actual number value at each level? Right not it all seems to still work based on percentages, but you mentioned before there would be a choice to use percentages or absolute values.

Its so much easier to just think of having zones from lets say 0-200 as one range, 200-500 as another, 500-1000 as yet another, and anything over 1000 contracts on bid or ask you could have as some extreme color distinct from the others.
[2019-05-20 13:28:43]
John - SC Support - Posts: 30870
WRT Post #63 - Yes, we are working on the ability to specify actual values rather than just percentages. We just wanted to get the functionality out that we had completed rather than wait for everything to get done and make everyone wait longer. We will post back here when the new functionality has been released.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-05-20 15:04:07]
User138602 - Posts: 169
It seems Bookmap's coloring algo does not consider liquidity at price levels not shown in the chart. Right now MDHC autocoloring is still calculating the liquidity range based on all pricelevels, although out of time liquidity isnt considered anymore. Sure, you can limit market depth levels in the settings but who wants to change that manually all the time?

I think we also need a cap on the pricescale. Any thoughts?
[2019-05-20 17:44:27]
nosast2 - Posts: 73
It would make a lot of sense to have some sort of cap for the percentages. A good and maybe easy to implement option would be to limit it to the shown levels on the chart or even better, to the current state of liquidity so just the last snapshot of depth.
[2019-05-21 01:15:52]
User20450 - Posts: 330
i would def love an option to not have colors change based on moving chart , they should be based on orders on the dom so thats a huge request as there is very little logic to moving chart 1 min and having all color change , thanks
[2019-05-21 12:45:59]
User138602 - Posts: 169
Consider this: i have a common liquidity per price ranging from 150-350 in the chart's time span. Somewhere higher, off the chart, is a over 1k liquidity spot. This screws totally the coloring...often needs the user to adjust manually either the indicator's tresholds or
the "maximum quantity for coloring"...depending on the current liquidity.
[2019-06-05 15:35:01]
John - SC Support - Posts: 30870
We have added the option of defining the Color Threshold levels with the existing Percentages or with Actual Values. There are two new Inputs for this:
- Use Percent or Actual Values for Threshold Levels: Select whether to use Percent Color Thresholds or Actual Color Thresholds.
- Actual Color Thresholds: Enter 3 actual depth levels for the separation of the color ranges.

This is now available in the current Pre-Release v1930.

The documentation should be ready later today (June 5, 2019).
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-08-20 22:50:42]
John - SC Support - Posts: 30870
In the next Pre-Release (v 1979) we have added the Input option for Determine Min and Max Levels from All Bars or from Visible Bars for the Market Depth Historical Graph.

When set to Visible Bars the study will function as it does today with no changes. When set to All Bars the Maximum and Minimum depth values that are used to determine the colors, will be determined from all the bars in the chart. Therefore, the colors will not change as the chart is scrolled.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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