New Free Studies Added
15 new studies have been added to the Free Studies Collection, including a selection of simple delta, and ask/bid depth studies. A ‘Pace of Trades’ study has been added, this provides similar functionality to the ‘Pace of Tape’ study, but is instead based on trades transacted rather than volume transacted.
Ask Bid Depth and Ask Bid Depth Imbalance studies are also now included, these both provide the option to monitor from 1 to 15 price levels (per side) allowing for more configurable monitoring of changes in liquidity at price levels nearest to the current price.
All of the studies that are currently included in the collection are listed on the Free Studies Collection product page.
TWFX Ask Bid Depth Imbalance
TWFX Bar Delta Basic
TWFX Delta Volume Information Grid
TWFX Value Area for Bars
TWFX Volume Range Ratio Ex
TWFX Swing Volume
TWFX Swing Box
TWFX Bar Delta Surge
TWFX Volume Range Ratio
TWFX Ask Volume Range Ratio
TWFX Pace of Trades
TWFX Bid Volume Range Ratio
TWFX Value Area for Bars Ex
TWFX Value Area for Bars Filtered
TWFX Ask Bid Depth
The latest version of the free studies (1.3.0.0) is compatible with Sierra Chart version 2195 and later, if you are already using these studies, then the updated file should have automatically downloaded giving you immediate access to the new studies.
Existing Studies Updated
TWFX Ask Bid Pulling & Stacking
TWFX Ask Bid Pulling and Stacking
The Ask Bid Pulling and Stacking study has been updated to include an extra configuration option, it is now possible to select the number of price levels per side (1 to 15) to include in the pulling stacking sum calculation.
TWFX Trade Tape
TWFX Trade Tape
The Trade Tape study has been updated to include a new extended version of the existing study. This new study provides a range of additional configuration options and a new data processing mode, the update is summarized in the Trade Tape blog post.
Chartbooks
3 new chartbooks have been added since the February update, again these are all variations on the same theme – chart trading CME E-Mini S+P 500 using the market depth historical graph in conjunction with a selection of other studies, including either the Reconstructed Tape Chart (and associated studies), or the Volume Dots studies.
ES Heatmap Ask Bid Volume Dot Chart Trader (Dark)
ES Heatmap Reconstructed Tape Chart Trader (Dark)
ES Heatmap Delta Dot Chart Trader (Dark)
More chartbooks utilizing Sierra Chart native studies and/or some of the studies in the free studies collection will be added very soon.
Coming Soon…
The updates to the Volume Dots studies are not quite complete, but should be released fairly soon. Work is also progressing on other new custom studies, look out for details in future updates. Requests for other custom studies will be also considered, please use the contact form to provide details.