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Direct MessagesDate/Time: Fri, 19 Apr 2024 02:13:55 +0000
Ratio current session Range to ATR
View Count: 1879
| [2019-02-18 13:51:56] |
| Rassitude - Posts: 33 |
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What is the best way to create a Ration expressed in % of current session range Vs ATR please? For example if ATR is 80 and current session range is 50, there is a potential 30 points left Down/Up, and the idea is to understand what this represents as a % - Thank you |
| [2019-02-19 15:38:29] |
| Rassitude - Posts: 33 |
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Why questions turn into "User discussion" rather than answers from support as this is the place for support?
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| [2019-02-19 19:14:32] |
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This is because your account is not paid for. If you have a paid account, use Help >> Support Board to login with that account.
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 |
| [2019-02-20 09:30:42] |
| Dom7364 - Posts: 257 |
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It would be great to have an answer on this thanks.
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| [2019-02-21 09:54:34] |
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We can put together a study collection to show how to do this or a Chartbook, later today. Use the Daily OHLC study to determine the daily range: Daily OHLC: Displaying Range of Daily High to Low For the average daily range, use: Average Daily Range Then you can calculate the ratio of them: Using the Basic Arithmetic Studies 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 |
| [2019-02-22 01:14:17] |
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Actually thinking about this some more, really you just need to use a Historical Daily chart and apply the Bar Difference study to get the range of the individual bars and then take the ratio of that study to the Average Daily Range study.
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 |
| [2019-07-28 15:57:30] |
| Ackin - Posts: 1863 |
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Hi, It's possible download it for free from our CZ/SK forum. Study: Ratio Daily HL/ATR contact link: https://www.sierrachart.com/UserControlPanel.php?page=StudyStore&SCDLLName=zyp_download_free Date Time Of Last Edit: 2020-06-24 22:30:57
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| [2019-07-30 09:49:31] |
| Dom7364 - Posts: 257 |
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Great study! The only issue is that it seems to decrease once it has increased as range extend up or down? I could be wrong but in effect it should never decrease but only increase as range extend (and not decrease/change as price reverse if still within the same range). Does that make sense or is it what it already does? Thanks! |
| [2019-07-30 12:22:30] |
| Ackin - Posts: 1863 |
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I replied to you on the forum, I'll make an extension for this.
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| [2019-07-31 05:21:31] |
| Dom7364 - Posts: 257 |
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Great, looking frward to it, thanks
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