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Date/Time: Mon, 29 Apr 2024 19:22:11 +0000



Volume Profile Total Volume + Delta Mode

View Count: 2589

[2020-05-20 12:04:00]
Alberto Gauer - Posts: 121
Hi there, is there any way to do this currently (I have attached a screenshot showing what I mean)?

If not, can you please add this mode in a next update?

Thanks


https://ibb.co/vVTx7Cn
[2020-05-20 13:06:34]
binaryduke - Posts: 360
+1 for this.
[2020-05-20 17:09:54]
Sierra Chart Engineering - Posts: 104368
This is supported with the options in the Volume by Price study. Just be sure the Volume Bar Calculation Method is set to Total Volume, then set the Bid and Ask Volume Coloring Method to Difference of Bid and Ask Volume Coloring.

Refer to these settings starting here:
Volume By Price Study: Volume Bar Calculation Method
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: 2020-05-20 17:10:12
[2020-05-20 17:40:05]
Alberto Gauer - Posts: 121
@Sierra Chart Engineering

Hi, thanks for replying.

I already tried that, it is not the same thing as what I suggested.

The Bid and Ask Volume Coloring Method will color the full histogram, so you donĀ“t have a visual reference of how much of that volume is buying or selling. In the picture I posted here, the volume profile will have the delta profile mode inside the total volume profile.

In essence, what I suggested is having both total volume and delta volume overlaid in the Volume Bar Calculation Method.
[2020-05-20 19:04:42]
binaryduke - Posts: 360
The issue with post #3 is the scale. Often it's not possible to see the delta as it's such a small proportion of the total volume. The ability to run the delta visualisation as a separate scale to the volume is what would make this really useful.
[2020-05-24 20:49:46]
John - SC Support - Posts: 31187
The request to allow scaling of the Delta volumes has been on our To-Do list. We just can't give any time frame for when we will be able to get to it.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2020-07-14 19:42:31]
John - SC Support - Posts: 31187
We have added the functionality to allow for scaling of the Difference of Bid and Ask Volume Coloring when using a Volume Calculation Method of Total Volume, Bid Volume, or Ask Volume.

Refer to the documentation for the 2 Inputs that control this starting here:
Volume By Price Study: Draw Difference of Bid and Ask Volume Using Percent of Max Bar

This change will be in the next Pre-Release (v 2137).
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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