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Date/Time: Thu, 02 May 2024 22:27:48 +0000



Initial Balance with Odd Timeframe

View Count: 711

[2016-08-22 18:55:23]
User618643 - Posts: 3
Hi, is there a way to properly calculate Initial balance/Opening range using odd time frames. Im looking to show the 5 minute opening range of ES Regular hours on a 2 minute chart. Switching from the 2m to a 1m or 5m chart changes the values leading me to believe the IB study calculates on the actual bars and not timestamps which would calculate it independently of the actual timeframe being shown? I've tried using Overlay but scaling is an issue and synced overlay trys to change the two charts times frames to the same value.
[2016-08-22 21:10:45]
Sierra Chart Engineering - Posts: 104368
leading me to believe the IB study calculates on the actual bars and not timestamps which would calculate it independently of the actual timeframe being shown?
Yes this is correct.

Use the Study/Price Overlay study:
http://www.sierrachart.com/index.php?page=doc/StudyPriceOverlayStudy.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

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