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Date/Time: Fri, 26 Apr 2024 23:41:34 +0000



Volume/Open Int. Multiplier Effects on Volume By Price Study

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[2021-11-26 16:39:10]
frozentundra - Posts: 84
Greetings,

I am observing unexpected behavior when loading a simple candlestick chart for any US equity (QQQ used in this example, but it is reproducible on any US equity I have tried).

I have my global symbol settings for equities setting the Volume/Open Int. Multiplier to `0.001`. When I load a daily chart with a Volume By Price study for timespan of Visible Bars, the Volume By Price study looks to be rendering incorrectly.

If I navigate to Chart Settings -> Advanced Settings 2 -> Volume/Open Int. Multiplier and change it back to `1` and hit Apply, the VbP study renders correctly. Switching it back to my desired setting of `0.001` will render it incorrectly again.

Here is a short gif demonstrating how to reproduce this behavior.

Is this expected behavior?

Thank you in advance.
imagevp study in SC.gif / V - Attached On 2021-11-26 16:38:11 UTC - Size: 3.99 MB - 136 views
[2021-11-29 15:58:21]
John - SC Support - Posts: 31159
We are not able to reproduce this on any equity, even with QQQ.

Please get us a copy of that chart in its own chartbook so we can take a look at what might be causing what you are seeing. Follow these instructions to get us the chart:
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
[2021-11-29 18:27:24]
frozentundra - Posts: 84
Done, attached.
attachmentsc support vbp issue.Cht - Attached On 2021-11-29 18:27:00 UTC - Size: 4.15 KB - 124 views
[2021-11-29 19:29:22]
John - SC Support - Posts: 31159
Here is what we see when we open your chart:
http://www.sierrachart.com/image.php?Image=1638213948950.png

And changing the Open Int./Volume Multiplier does not change anything. Here is the image with it changed to a value of 1:
http://www.sierrachart.com/image.php?Image=1638214020852.png

So we are not sure why you are seeing what you are.

Please try starting a new chart and enter a new Volume by Price study on it and let us know what happens.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2021-11-29 20:05:17]
frozentundra - Posts: 84
Interesting, so that would imply that it is something in my Global Settings that might be causing this?

- File > New Historical Chart > QQQ daily
- Studies > Add > Volume By Price
- Modified VbP to Right Align and Align to far right

and it shows me the same issue, but with bars instead of candles since I didn't touch the other chart settings.
imagesc daily vbp issue new chart.jpg / V - Attached On 2021-11-29 20:03:56 UTC - Size: 223.29 KB - 99 views
imagesc daily vbp issue new chart 2.jpg / V - Attached On 2021-11-29 20:05:05 UTC - Size: 194.27 KB - 102 views
imagesc daily vbp issue new chart 3.jpg / V - Attached On 2021-11-29 20:05:09 UTC - Size: 172.68 KB - 100 views

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