SIERRACHART 1507 SERVICE PACKAGE 5 ADVANCED (JAN 2017)
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Description:
Sierra Chart with Advanced Features (Service Package 5)
Sierra Chart with Advanced Features includes all of the Standard Service Package features and these additional advanced features:
TPO Chart Study
Numbers Bars
Numbers Bars Calculated Values
Market Depth Historical Graph
Volume Profile Interactive Drawing Tool
Increased number of historical data queries with the Sierra Chart Historical Data Service.
TPO Chart Study
Welcome to the Sierra Chart TPO Profile Chart study. This is a very powerful and interactive study which provides you a completely new method of performing market analysis. TPO stands for Time Price Opportunity.
By using a TPO chart, you are able to analyze the amount of trading activity, based on time, for each price level the market traded at for any given time period.
The TPO Profile Chart study allows you to clearly see the areas where the market is trading at most of the time.
The TPO Profile Chart study identifies the Point of Control which is the price level where most of the trading is occurring timewise and the surrounding Value Area.
You have the ability to merge together and split apart TPO profiles for each period of time.
A TPO letter or block represents trading for a specific time block at a specific price. To the right is an example of a TPO Profile Chart with a Volume by Price study as well.
TPO charts are also known as Market Profile charts. In Sierra Chart they are called TPO Charts.
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