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Date/Time: Mon, 30 Mar 2020 21:51:36 +0000



Reversal bar up/down bar indicator?

[2019-04-10 18:13:03]
User873570 - Posts: 27 | Ending Date: 2019-06-30 [Expired]
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: 82864 | Ending Date: 2020-06-09
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. If possible please keep your questions brief and to the point. Please be aware of support policy:
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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.
[2019-04-11 11:19:02]
User873570 - Posts: 27 | Ending Date: 2019-06-30 [Expired]
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: 82864 | Ending Date: 2020-06-09
Have a look at using these two studies to accomplish what you need:
https://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=245&Name=Color_Bar_Based_on_Alert_Condition

And:
https://www.sierrachart.com/index.php?page=doc/StudiesReference.php&ID=334&Name=Text_Display_For_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.

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