The first step is we calculate the total Volume in the entire Volume Profile and multiply this by the Value Area % (percentage). The data that the TPO Profiles in a TPO Profile Chart produce and make available to other studies is not the same as the underlying data they are based on. Like this post? Otherwise, if the TPO Profile study is listed first, then the Volume Profile will be in front of the TPO Profile. This is the number of units that are used with the Profile Time Period Length Unit to determine the time period for the TPO Profile. Therefore, using other studies, except for the ones expressly supported, will not function correctly. During the Step 1 installation, you will also be prompted to install Microsoft C++ runtime and proceed with this. It could be that some of the charts are off-screen (if they show as tabs at the bottom). Next, install the TAS software files by clicking the DOWNLOAD button below and follow the on-screen instructions (i.e. Yeah, that study isn’t working for some reason. In the case when the sensitivity is set to 10, if the 10 price levels above and 10 price levels below a particular price level all have fewer TPO Letters/Blocks than the bar at the price level being compared to, then this will be considered a Peak bar and a horizontal line is drawn outward from the Peak. Trading directly from Sierra Chart is also a big part of its feature set. At the first set of rows we see which one has more TPOs compared to the other row. I also feel that the database options available to users are pretty rudimentary in comparison to IRT/MD which both give a trader much more control. Market profile is more similar to the Market Internals (market breadth and advance/decline line) than a moving average or stochastic indicator. Refer to How to Read TPO Profile Charts for description of the Midpoint marker. When this option is selected, all the chart values selected from Chart Value 1-4 to be Displayed on Profile are displayed in separate lines. This is fine if you don’t want to change anything on your chart during a session (for example the period, indicator setting or anything else), but if you do then the 70 seconds it just took me to change my 2500v chart to a 3min chart is totally unacceptable. The lowest and most accurate is ‘1’. In particular if you use volume profiling, you’ll likely want your data to be up to scratch. This risk can be substantial and therefore investors should carefully consider their financial suitability prior to trading. The time Length of the opening range is set with the Opening Range Time Length in Minutes Input. This is due to the time component that is the core of a market profile. This setting defines the display style of the individual prices within a subperiod of the overall TPO Profile. This Input sets the starting time for the first custom sub period. Large amounts of data are not particularly helpful though, but more on this later. This is another good example where knowing the things you do not want from the chart, and applying your tools very specifically to your own edge should quickly provide answers on how intuitively prepare your volume and profile charts.