what the original setting was . VWTPO ? before the added options .
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Calculate Value Area of volume at price
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Originally posted by T2020 View PostWould like to know what the original setting was . VWTPO ? before the added options .
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Originally posted by sbgtrading View Post.about the profile types, VWTPO, TPO or VOC, I'm not sure if I understand what you mean by "original setting". Maybe you're asking what is the most frequently used profile type? .
looking at a bunch of charts , the VWTPO seems to be the most useful . IMHO. Thanks for posting back .
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If there are questions, please specify which indicator is causing the problem (use the name that appears on the chart). Also, a screenshot of the Control Center > Log tab would be helpful.
Thanks,
Ben
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Speaking for my self only . The Calculate Value Area does not plot when I
add it to a chart of the SPY . If I switch the same chart to ES 03-09 ,then
it shows up or plots fine . The fellow that made some slight changes to your
indicator ( Dvaluearea "his version") , his will plot on the SPY . ??? That's
all I was saying . hth's
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There are two limitations with this indicator: (the indicator ZIP is found on post #1 of this thread)
1) It does not run on daily, weekly or monthly charts
2) It is limited to 2000 ticks of daily range. So, if you're running it on a stock that varies by more than $20.00 (2000 ticks) in a day, you'll get a warning message and the indicator won't plot. To fix this, you can customize the indicator and add more ticks to the array. Edit the indicator in the NinjaScript editor and hit "Ctrl-F" to find "2000". Change that occurrence of 2000 to 3000 or more, to accommodate whatever daily range your instrument has. Then hit F5 to recompile the indicator.
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Different readings
Hi,
Thanks and I love this indicator. But I do get different numbers depending if I run it on a 5 min ES or a 1 min ES. Both charts are identical in every way since I use templates. Same open close and settings on dValueArea. Sometimes the numbers are the same and sometimes different. The one value that varies the most is the POC?
Any insight would be appreciated.
Blair
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While the values may be different for different timeframes, I see the values as approximations. Different programs calculate these values differently so there are always differences between other programs anyway. Whether the value area is 75 or 74.50 or 73, really makes little difference in the overall picture and is of little consequence. If you are looking for something more precise, fin alg has a tpo indicator but is not free.
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Poc
I have concern that the POC point of control is accurate some days. I'll give out two days and maybe someone can check the results with there's.
POC May 8th 923.5 seems high
POC May 7th 903 seems low
regards,
Blair
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anyone?
is there another way to confirm these POC's via a website or something. Some days they seem really off
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