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Date/Time: Sat, 18 May 2024 08:16:43 +0000



Bit coin futures does not show up volume in volume by price

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[2021-09-06 03:32:29]
SatG - Posts: 22
Hello,

I am a subscriber of CME futures. Bitcoin futures TPO study (Market profile) is coming up correctly but when I use volume by price (Volume profile), volumes are not showing up. It just the random no. that is showing up unlike the volume on ES futures. Please advice.

Regards,
Sat
[2021-09-06 04:24:36]
Sierra Chart Engineering - Posts: 104368
That could be. That contract does not have anywhere close to the amount of volume as compared to ES futures.
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
[2021-09-06 14:47:08]
SatG - Posts: 22
That's incorrect. When I checked with your competitor, trading view, it displays the correct volume for current month BTC futures. Looks like only sierra chart is not displaying this volume correctly. Please double check from your side.
[2021-09-06 15:18:16]
John - SC Support - Posts: 31704
What exactly are you seeing? Can you please give us screenshot?

Also, keep in mind that the VbP does not work well with Daily historical data. Refer to the following:
Volume By Price Study: How Volume by Price is Calculated for Historical Daily and Higher Timeframe Charts
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-09-06 15:42:51]
SatG - Posts: 22
Thanks for the response. Please refer the attached file. Volume nos mentioned in the VbP (Highlighted in the orange color box) is not correct as it is not reflective of the correct volume traded at that price.
image2021-09-06_21-07-09.jpg / V - Attached On 2021-09-06 15:39:03 UTC - Size: 274.84 KB - 118 views
[2021-09-06 16:26:00]
John - SC Support - Posts: 31704
This is because you are using the VbP with the TPO. When you do this the Volume shows the number of TPO blocks at that level rather than the volume.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-09-06 16:31:27]
SatG - Posts: 22
Okie.. So what settings should I've to do to reflect the correct volume traded at that price? I tried many settings but didn't worked out any. I've the same setup for ES futures but it reflects the correct volume traded at that price. Please refer the attached screenshot on ES mini futures
image2021-09-06_21-59-52.jpg / V - Attached On 2021-09-06 16:31:09 UTC - Size: 100.96 KB - 115 views
[2021-09-06 17:49:12]
John - SC Support - Posts: 31704
Sorry, we were thinking of the "Number of Trades", which when a VbP is displayed that is associated with a TPO and you display the "Number of Trades" in the volume bars, that will show the TPO count instead of the actual number of trades.

Check your Bitcoin Futures chart and let us know what the Display Volume in Bars is set to.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-09-06 22:06:12]
SatG - Posts: 22
It is not set to "Number of trades", it is set to "Total volume" in the Display volume in Bars. Hence, it is should reflect the correct volume traded at that price. Please refer the attachment. This is the same setting I have in ES mini futures which displays the correct volume.

Looks like there is something wrong with this volume from your side, kindly fix it.
image2021-09-07_3-32-09.jpg / V - Attached On 2021-09-06 22:03:38 UTC - Size: 576.21 KB - 112 views
[2021-09-08 14:04:26]
John - SC Support - Posts: 31704
We need to figure out what is happening first.

Can you please get us that chart by following these instructions:
Support Board Posting Information: Providing Chartbook with Only a Single Chart
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-09-09 10:04:07]
SatG - Posts: 22
Hello,

Thank you for the response. As instructed, please find attached the chart. Please let me know by when this issue can be fixed?

Regards,
Sat
Private File
[2021-09-09 16:42:43]
John - SC Support - Posts: 31704
Those numbers are correct. This instrument is simply not traded that much. Here is a snippet of what we see from the data showing 1 day VbP profiles. As you will see, they are similar to what you are getting. Therefore, there is nothing wrong, this is simply the data.
http://www.sierrachart.com/image.php?Image=1631205670747.png
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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