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Date/Time: Sat, 04 Apr 2020 05:21:27 +0000



Ratio current session Range to ATR

[2019-02-18 13:51:56]
Rassitude - Posts: 33 | Ending Date: 2018-06-03 [Expired]
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 | Ending Date: 2018-06-03 [Expired]
Why questions turn into "User discussion" rather than answers from support as this is the place for support?
[2019-02-19 19:14:32]
Sierra Chart Engineering - Posts: 83107 | Ending Date: 2020-06-09
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. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2019-02-20 09:30:42]
Dom7364 - Posts: 254 | Ending Date: 2019-12-03 [Expired]
It would be great to have an answer on this thanks.
[2019-02-21 09:54:34]
Sierra Chart Engineering - Posts: 83107 | Ending Date: 2020-06-09
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:
https://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=137&Name=Daily_OHLC#DailyOHLC_DisplayingRangeDailyHighLow

For the average daily range, use:
https://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=347&Name=Average_Daily_Range

Then you can calculate the ratio of them:
https://www.sierrachart.com/index.php?page=doc/ArithmeticStudies.php
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2019-02-22 01:14:17]
Sierra Chart Engineering - Posts: 83107 | Ending Date: 2020-06-09
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. If possible please keep your questions brief and to the point. Please be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

If your question/request has been answered and you do not have anything further, then it is easiest for us if you do not reply again to say thank you.
[2019-07-28 15:57:30]
Ackin - Posts: 677 | Ending Date: 2020-09-04
Hi,

It's possible download it for free from our CZ/SK forum.


Study: Ratio Daily HL/ATR



More information:
https://www.sierrachart.com/SupportBoard.php?ThreadID=20360#P184349
[2019-07-30 09:49:31]
Dom7364 - Posts: 254 | Ending Date: 2019-12-03 [Expired]
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: 677 | Ending Date: 2020-09-04
I replied to you on the forum, I'll make an extension for this.
[2019-07-31 05:21:31]
Dom7364 - Posts: 254 | Ending Date: 2019-12-03 [Expired]
Great, looking frward to it, thanks

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