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Date/Time: Thu, 25 Apr 2024 17:56:59 +0000



study to create upper/lower bands around another study line

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[2018-10-28 21:55:22]
User525733 - Posts: 126
Hi,

Say i have a moving average line or any other study that generates a line/curve....I would like to create a band around it (i.e upper and lower lines that follow the same shape but with a user defined offset).

The only way i can do this currently is using the "Study Subgraphs Add" study. However, it requires using a "line study" to define the constant offset...which adds clutter to the already cluttered studies window. Is there a better way of doing this?

thanks
[2018-10-29 17:13:54]
John - SC Support - Posts: 31117
Use this study instead: Study Subgraph Add

This adds a value just to a single Subgraph.
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Date Time Of Last Edit: 2018-10-29 17:22:41
[2018-10-29 17:21:28]
Sawtooth - Posts: 3976
You can also use the Bands/Envelope study, with the 'Based On' set to the moving average study.
[2019-04-26 04:52:02]
whats1thingnow - Posts: 407
for anyone else...

i tried
1) bands/envelope based on 'current price line' using fixed value

however, since the screen fits the new study bands/envelope, the bars become really small or non existent when i scroll back and price is far away from current price (which usually is in the evening when i do the review)

2) study subgraph add/subtract based on last

this works like a charm
Date Time Of Last Edit: 2019-04-26 15:44:59

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