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Direct MessagesDate/Time: Thu, 25 Apr 2024 02:14:55 +0000
Study based on calculated value
View Count: 736
| [2015-12-02 23:10:54] |
| Kefir - Posts: 34 |
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Hello, is it possible to calculate value and draw a point per bar for a custom study without using spreadsheet? I have let's say Average True Range(10) id1.sg1, previous days close (overlaid from another chart) id2.sg4 and a multiplier let's say 3.5. I would like to draw a point per each bar at the value = id2.sg4 +3.5 * id1.sg1 Is this possible by some single study where I would just wrote above formula to some value field? Thanks in advance for answer Best regards r |
| [2015-12-03 00:26:52] |
| Sawtooth - Posts: 3976 |
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Simple Alert formulas can only produce TRUE/FALSE results, so your formula is TRUE at every bar, not a value at every bar. To get a value at every bar without a spreadsheet study, you'll need to use a hidden Study Subgraph Multiply study Based On the ATR study to multiply the ATR by 3.5, then use the Study Subgraphs Add study to add the results of the Study Subgraph Multiply study to the previous day's close overlaid study.
Date Time Of Last Edit: 2015-12-03 00:55:14
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| [2015-12-04 04:52:35] |
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Refer to the documentation for this here: https://www.sierrachart.com/index.php?page=doc/doc_ArithmeticStudies.php 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 |
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