Support Board
Date/Time: Fri, 04 Jul 2025 03:53:58 +0000
Question about the Difference Bar Indicator
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| [2016-06-15 18:04:40] |
| rwilliams1 - Posts: 346 |
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I am doing a pair/correlation trade between two instruments. I have both chart trade windows for each instrument set so that the P&L is based on the bid/ask price so that I can get an accurate P&L for each. I am also using the Difference Bar, and the Difference OHLC indicators to chart the difference between the two instruments. I already read the instructions on creating a highly accurate spread chart, but for some reason the Difference indicator does not seem to be responding properly to fluctuations in price. I was curious if the Difference bar indicators are using the LAST price for its calculations instead of the bid/ask? I'm trying to troubleshoot why it is not moving in sync with the price fluctuations I am seeing. Thanks. |
| [2016-06-15 18:18:43] |
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Yes of course the study is using the last trade prices because that is all that is contained in a chart by default.
Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2016-06-15 18:29:15] |
| rwilliams1 - Posts: 346 |
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Would you know of any "workarounds" I could possibly do to get it to respond to bid/ask prices? Unfortunately using the Last price won't work in this situation. Thanks.
Date Time Of Last Edit: 2016-06-15 18:30:35
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| [2016-06-15 18:33:43] |
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You can have a look at this page: Data Recording Modes But we are not going to provide further help with this. It is up to you if you can get this to work as expected. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2016-06-15 18:35:36
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