Login Page - Create Account

Support Board


Date/Time: Mon, 22 Apr 2024 15:14:59 +0000



Reversal bar up/down bar indicator?

View Count: 3593

[2019-04-10 18:13:03]
User873570 - Posts: 27
Hi,

I am looking for something similar in function to the very top-left indicator in this picture:
http://1.bp.blogspot.com/_dXsrF48G300/SYUaYgA3DQI/AAAAAAAAAFE/5s8SGSBxspI/s1600/1-31-2009+Rev+Chart+Lesson.png

What is does is simply alternate between two colors to tell you at a glance whether a given reversal bar is an up bar or a down bar. Sometimes this is obvious from the bars themselves, but oftentimes it is not, hence an indicator like this would be helpful.

Does anything exist in Sierra to help provide a similar visual function?

If not, an imperfect but easy workaround might involve using the Numbers Bars Calculated Values. The logic might be something like "If the bar type is reversal bar, then print color 1 for up bars, color 2 for down bars."

Thanks for your consideration.
[2019-04-11 06:46:48]
Sierra Chart Engineering - Posts: 104368
So would the Up or Down comparison just be based on the comparison of the open and close values of each bar?
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
[2019-04-11 11:19:02]
User873570 - Posts: 27
No, I think it would be more like:

If prior bar high - <reversal amount> = current bar open, then <down color>
If prior bar low + <reversal amount> = current bar open, then <up color>
[2019-04-12 18:24:37]
Sierra Chart Engineering - Posts: 104368
Have a look at using these two studies to accomplish what you need:
Color Bar Based on Alert Condition

And:
Text Display For 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

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account