Support Board
Date/Time: Thu, 03 Jul 2025 03:37:28 +0000
Post From: Individual standard deviation tool
| [2024-10-30 18:31:16] |
| John - SC Support - Posts: 40722 |
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The hardest part of this is defining the line. If you want to do it from the close of the previous day, then you would use the "Horizontal Line at Time" study and set the time of the line to 1 second before the start of the next day's session. For instance, for the CME Group, many products stop trading at 16:00:00 and then the Evening Session starts at 17:00:00, therefore to get the close of the previous day, you would set the time to be 15:59:59 and the Input Data as "Last". Then use the "Bands/Envelope" study to get bands drawn at specific offsets. If you want Standard Deviations, then you would need to have data over a period of time, therefore you could use the "Standard Error Bands" study. Refer to the following: Horizontal Line at Time Bands/Envelope Standard Error Bands For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |