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Date/Time: Wed, 26 Jan 2022 05:22:34 +0000

Study displaying the range of a bar

View Count: 2021

[2013-06-05 21:51:55]
al-right - Posts: 5
Hello. I searched through the available studies but I couldn't find anything to show the range of a bar in pips. Is there anything available that would allow this? What I'm thinking about is a histogram like shown on this screenshot taken on Metatrader http://screencast.com/t/5VqXBug8d
Each bar shows with the colour if its bigger, equal or smaller than the previous bar.
[2013-06-05 22:04:06]
tomgilb - Posts: 3134
Use the Bar Difference study, set the inputs to High and Low, set the Draw Style to Bar, and set the Auto-Coloring to Based on Slope.
[2013-06-06 00:06:46]
Sierra Chart Engineering - Posts: 100044
Use the Bar Difference study.
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[2013-06-06 12:08:01]
al-right - Posts: 5
That's a nice one, thank you. I guess there's no way to set a 3rd colour indicating the current bar has the same size as the previous one...
[2013-06-06 12:39:45]
tomgilb - Posts: 3134
Yes, there is.

Add the Color Bar Based On Alert Condition study
-set the Based On to the Bar Difference study,
-set the Chart Region to the same as the Bar Difference study
-set the Output When Condition True to Use Input Data
-set the Input Data to Difference
-set the Draw Style to Bar, and the Width to the same as the Bar Difference study.
-use this formula on the Alerts tab:

The assumes the Bar Difference study is ID1; edit as necessary.
[2013-06-06 13:35:28]
al-right - Posts: 5
Well, this is amazing! I read we shouldn't post to express thanks... Sorry but I need to thank you tomgilb. I used Sierrachart some years ago for a while, then I dropped and just went back to it. I have to admit that has been improved greatly. Also, even knowing that study I wouldn't certainly know how to set it correctly. Thanks so very much again! :)

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