Support Board
Date/Time: Tue, 13 Oct 2026 18:35:27 +0000
Background for Price Retracement Tool [Upgrade Request]
View Count: 34
| [2026-10-13 16:45:58] |
| Deenius - Posts: 160 |
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Hello, Would it be possible to add a background fill option between individual levels to the Price Retracement tool? I would like to use this tool to display Premium and Discount zones, but unfortunately, this is not currently possible. As price action traders, we typically apply the Price Retracement tool on higher timeframes and then switch to lower ones. The issue is that without a colored background between the levels, it is difficult to determine on lower timeframes whether the price is currently in a Premium or Discount zone. You have to compress the vertical scale every time to locate the tool's levels that help determine this. However, with a colored background, it is immediately clear at a glance where the price is relative to the Price Retracement levels. This is clearly shown in the screenshots I have attached. Thank you for considering my suggestion. |
 Premium - Discount - LTF.png / V - Attached On 2026-10-13 16:39:32 UTC - Size: 320.88 KB - 12 views Premium - Discount - HTF.png / V - Attached On 2026-10-13 16:39:39 UTC - Size: 303.69 KB - 7 views |
| [2026-10-13 17:38:47] |
| John - SC Support - Posts: 48195 |
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We have noted this as a Feature Request. We can not say when we would get to any partucular request. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2026-10-13 18:13:48] |
| John - SC Support - Posts: 48195 |
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We do want to point out that there is a workaround to accomplish what you want. Particularly if you use a single Price Retracement and then modify it rather than drawing new ones. The general idea would be to use a couple of Spreadsheet Formula studies, which use the Alert Syntax to get the Anchor Point prices and calculate the two levels you want to have a certain coloring. For instance, you would enter a formula like the following to get the price of the 50% retracement line: =(UDID[1].A1 - UDID[1].A2) * .50 + UDID[1].A1 Then use the "Study Subgraphs Reference" and reference the two Spreadsheet Studies and use the "Fill" options to color the area between the lines. If you want the coloring across the entire chart, then you could stop here. If you only want it over certain areas, then you could either limit by the "Number of Bars to Calculate" in the "Spreadsheet Formula" studies, or you could use a Spreadsheet Study to get specific times for the lines. Refer to the following: Spreadsheet Formula Study Subgraphs Reference For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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