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Date/Time: Tue, 23 Apr 2024 11:25:21 +0000



Initial Balance indicator

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[2013-05-13 02:57:49]
Oclark - Posts: 4
The Initial Balance in the Studies Section indicator has the option to set the IB for days, weeks or months.

Could you add minutes as an option? I have been working with Intra-day levels of TPO and VbP and would like to consider more micro levels of the Initial Balance concept.

Thanks for your help...
[2013-05-13 06:37:32]
Sierra Chart Engineering - Posts: 104368
This can be accomplished by using High/Low for Time Period study. Refer to Technical Studies Reference for more information.
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[2013-05-13 19:59:02]
Oclark - Posts: 4
The high low won't do what the initial balance indicator does. On the initial balance indicator it is possible to have multipliers of 1.5, 2, etc. from the initial balance measure.

So again is it possible to add minutes (in addition to days, weeks, and months) to the initial balance indicator?


[2013-05-14 15:15:53]
Al SC Developer - Posts: 434
In 975, there is a new Type: "Intraday", and a new input "Intraday: Num Minutes". The num minutes inputs allows the length of the accumulation period to be set. The Start Time and End Time inputs define when accumulation should be performed.
[2013-05-14 18:15:41]
Oclark - Posts: 4
Thanks to you for that :-)

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