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I'm curious to know how many of you guys are using the TPO features of Sierra Chart?
I haven't had time to play with them much yet. I tried following the directions on their site, and I wanted to create a 30 minute TPO chart of CL. Even though my chart was using 30-minute bars, and I specified 30 on the interval in the study, it kept loading a 1 minute chart as soon as I hit applied. I'm a novice at SC so I'll try again, I no doubt made a mistake somewhere.
I'll try again later using ES, since using TPO on CL probably won't be very useful.
But in general, how do you guys find the TPO in SC? I read they recently made a lot of enhancements to it.
Hi Mike, I recently watched the webinar you hosted which demonstrated many of the features available in Sierra Charts. It was extremely beneficial to watch active traders ask Sierra to demonstrate different features of their platform. The support staff at Sierra is very short and extremely "to the point" in my humble opinion. I am not sure why Sierra is not more anxious to make a series of "how to" video's available for the benefit of new subscribers and potential new subscribers. Please, as your time permits, sponsor more Sierra webinars so that those interested can learn more about the advantages of the Sierra platform. I cancelled a Tradestation account in order to migrate over to Sierra, and it has been a long learning curve primarily because of the lack of Sirerra video demonstrations. Thanks in advance for your help.
By default TPO letters/blocks are 30 min. You don't need to set the underlying chart to 30 min. It will automatically be changed to a 1 min. chart as you experienced because the TPO chart is built from the 1 min. data. It is through the TPO Profile Chart input settings, is where you can change the duration of the Letters/blocks. Also, if you need support for Sierra Chart please come to us, that's the proper place. We will be happy to provide that you.
We already have quite a large library of videos. They are in our Instructional Videos section on the website which can be accessed from the Documentation menu on the website. We do prefer static documentation with text and images though. It's easier to review and maintain. Nevertheless, we do have a lot of videos. We do need to put together a new video for trading though. That's going to be done soon.
As usual, anything to do with SierraChart is rock solid and customizable to the nth degree. You get a free trial with Sierra so I recommend you give it a go. I personally dont see much value attempting to analyze TPO in a trending or thin market environment but in choppy more liquid conditions it is a very useful reference.