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Date/Time: Sat, 04 May 2024 19:33:16 +0000



Need Help with Some Customized Studies Please

View Count: 839

[2017-04-12 20:10:09]
Derek N. - Posts: 4
Hi Support

I am a new user since early March 2017 and I am very impressed with SC, thanks. You have a multitude of studies and it takes some reading to get through all the documentation so in the interests of time, I was hoping you could point me in the right direction please in order to do the following;

1) I am using the Initial Balance study to draw high, low and midpoint lines at specific principle session times for a number of futures symbols, namely, ZB, GC, CL, JPY, EUR, GBP and CAD.

2) I want to draw Volatility Envelopes above the high and low lines of this Opening Range that involve specific tick values for each symbol in the form of a coloured line (green for VE high and Red for VE low). The Extension Multipliers in the study relate to multipliers of the initial balance range not ticks, so how could I solve this please?

3) Another item I would like to automate through a study would be to draw a rectangle based on the previous days Pivot Range. This Pivot Range high and low is based on two calculations from the previous day's session, namely (High+Low+Close)/3 and (High+Low)/2. The rectangle should be drawn in the current day based on these calcs.

4) I would finally like to draw a short line (not full horizontal line) based on the closing price of the previous US day session for each of the symbols above, noting that some of them have different session end times, for example, GC ending at 1.30pm ET and CL at 2:30pm ET, whilst the ZB and currencies sessions end at 3:00pm ET. I tried the Daily OHLC study but it only draws full horizontal lines at the closing price at the end of the day session defined in my Chart Settings for each symbol (which is 17:14:59). This is not the level I want to draw the line at.

I have separate charts for each of the symbols, if that is of any assistance.

Sorry if my queries are a bit ignorant as I have not had enough time to plough through all the documentation and there may be studies for this that I have not yet come across. I would appreciate your assistance.

Thanks and regards
Derek
[2017-04-13 18:35:16]
Sierra Chart Engineering - Posts: 104368
2. You need to use the arithmetic studies:
http://www.sierrachart.com/index.php?page=doc/ArithmeticStudies.php

3. Use Pivot Range study:
https://www.sierrachart.com/index.php?page=doc/TechnicalStudiesReference.php#s339

4. Use this study:
https://www.sierrachart.com/index.php?page=doc/TechnicalStudiesReference.php#s306
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
[2017-04-14 20:00:56]
Derek N. - Posts: 4
Dear Support

Thanks for your prompt reply and pointers. All worked out fine except for the "Pivot Range - Variable Period" study.

The study uses embedded calculations that I cannot change unfortunately to display the (H+L)/2 line along with the PP. The PP = (H+L+C)/3 is in the center of the box and I want this line. But then the study subtracts and adds a range below/above this pivot. This range is based on a formula that uses (H+L)/2 but I can't change it to only plot a line for (H+L)/2. When I do the calculations manually for a few days and compare them to the box that this study plots, I find that either the upper part of the box (Top Range) or the lower part of the box (Bottom Range) corresponds to (H+L)/2 line I am looking for, depending on whether the Closing Price for the previous day was close to the High or Low.

It is therefore very close to what I would like. Is it possible for you to add another subgraph in the "Pivot Range - Variable Period" study to display the (H+L)/2 pivot line? This will solve it perfectly for me (and a number of other SC users that are in the same signal room as me at Trading Advantage) thanks.

Thanks and regards
Derek
[2017-04-16 02:07:29]
Sierra Chart Engineering - Posts: 104368
It is therefore very close to what I would like. Is it possible for you to add another subgraph in the "Pivot Range - Variable Period" study to display the (H+L)/2 pivot line?

Yes we are doing this now. Although allow a few days for a new release because we are doing some other work we must complete first before we do a release.
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
[2017-04-16 03:23:27]
Sierra Chart Engineering - Posts: 104368
Also be aware that you can modify the source code and make any changes that you require as well:
https://www.sierrachart.com/index.php?page=doc/BuildCustomStudiesDLL.html
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
[2017-04-16 14:16:15]
Derek N. - Posts: 4
Dear Support

I just downloaded the latest SC version for a new laptop and I am very impressed that you already included a new study "Period OHLC - Variable Period" that contains the HLCAvg and HLAvg. It is perfect and produces the exact result that I need for the Pivot Range of (H+L+C)/3 and (H+L)/2. I checked it against the previous study and it selects the correct top or bottom range for the HLAvg. Spot on.

Thank you, thank you. What more can I say?

Cheers
Derek
[2017-04-18 15:45:53]
Derek N. - Posts: 4
Dear Support

I found that there is a minor difference between your "Study Subgraph Add" and "Study Subgraph Subtract" settings that causes a line to be plotted at 0.0 as well as in the chart area for the "Study Subgraph Subtract" when I base this on the "Initial Balance" study.

I note that in the "Study Subgraph Add", the last of the settings is "Add to Zero Values in Based on Study". When I set this to "No" from the default "Yes", no line is plotted at 0.0 when I offset a line from the "Initial Balance" study in the chart. The "Study Subgraph Subtract" does not have this setting so a line is plotted at 0.0 which I have no control over. If I turn the "Add to Zero Values in Based on Study" to "Yes" for the "Study Subgraph Add", a line is also plotted at 0.0.

Could you therefore please also add the setting "Add to Zero Values in Based on Study" for the "Study Subgraph Subtract" as this will solve the problem.

Thanks
Derek
[2017-04-19 00:49:17]
Sierra Chart Engineering - Posts: 104368
Yes we can do this.

Should not be difficult.
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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