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Direct MessagesDate/Time: Thu, 09 May 2024 06:51:58 +0000
Construction of Three Line Break Charts
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| [2018-03-02 01:58:26] |
| BADGETT - Posts: 17 |
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I want to try three-line break (TLB) charts, and to fully understand them, I read various websites. Then I practiced using Sierra Chart by looking at the candlestick bars before I looked at your TLB charts. Historical chart areas (previous days, weeks, etc.) appeared to be accurate, but the TLB patterns for the most recent data of many charts has me puzzled. I assumed that I did not understand the construction of TLB charts, but I compared Sierra Chart to Stockcharts.com. For all charts that I could not determine how Sierra Chart drew the TLB chart, I checked Stockcharts. Their charts were drawn as I understand TLB charts. An example is symbol DIA for March 1, 2018. I’ve screen shots, and Sierra Chart has a green line (bar) on the far right which I don't understand, but Stockcharts does not have a white (up) bar on the far right. I’ve tried every setting that I could find that I thought might “fix” the issue. I’m using the default settings for the TLB “study” plus Graph Draw Type of “Candlestick Body Only”. I’ve looked at daily and weekly charts of ETFs and CEFs plus weekly charts of mutual funds. I’m seeing the same results in all of these products. Am I missing something or is there a problem with SierraChart? Why are TLB charts a "study" and not a chart type? |
| [2018-03-02 20:10:54] |
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We do not think there is a problem with this particular study but we do have a task to implement it as a built-in bar type but have not yet gotten to that. Post an image of one of the three line break charts you are looking at in Sierra Chart and we will have a brief look at it to make sure it is right but like we said it is doubtful there is a problem. Instructions: https://www.sierrachart.com/index.php?page=PostingInformation.php#Image Also do not post anything more than one chart image. Once again nothing more. We will disregard anything else. We will look at one simple example only. And our analysis is not going to involve any comparisons to any other source. That is outside the scope of our support. 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 Date Time Of Last Edit: 2018-03-02 20:20:34
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| [2018-03-02 22:21:17] |
| BADGETT - Posts: 17 |
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http://www.sierrachart.com/image.php?Image=1520029065810.png
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Attachment Deleted.  Sierra Chart - DIA - EOD March 1.jpg / V - Attached On 2018-03-02 22:10:23 UTC - Size: 294.58 KB - 380 views |
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