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Date/Time: Fri, 06 Dec 2019 17:44:26 +0000



Study/Price Overlay Study vs. Moving Average - Time Period Study

[2019-12-01 15:58:03]
User425231 - Posts: 4
Hi,

I have an intraday chart that needs to plot a daily moving average. I have found two different ways to do so in SC.

1. Study/Price Overlay Study referencing a Moving Average on a Daily chart.
2. Moving Average - Time Period Study with Time Period input set to Days.

However the values plotted by each one these methods are significantly different from each other. Why is that?
[2019-12-02 02:03:16]
Sierra Chart Engineering - Posts: 78964
There is certainly going to be a difference. Moving Average - Time Period Study will be most accurate.

One thing to check would be the Session Times for the Intraday chart. What are they set to?
Sierra Chart Support - Engineering Level

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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.
[2019-12-02 02:33:05]
User425231 - Posts: 4
Session times on intraday chart (15min) are as follows:

Regular Start: 08:30:00
Regular End: 16:00:00

Evening Start: 17:00:00
Evening End: 08:29:59

Can you please tell me the reason for the difference? Also why do you suggest that Moving Average - Time Period Study will be more accurate? Looking back at the ES charts (continuous contract), the difference can get pretty big at times.

TIA.
[2019-12-03 06:02:02]
Sierra Chart Engineering - Posts: 78964
Those are the right session times. Explaining the reason for the difference is well outside the scope of our support. This is just simply involved. And you really should be able to understand the reasons anyway. And we really cannot even answer it anyway because we do not know precisely how you are using those studies and what the chart data is.
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.
Date Time Of Last Edit: 2019-12-03 06:02:49
[2019-12-03 08:46:44]
User425231 - Posts: 4
I really don’t think that I’m asking for anything outside the scope of support. There are two studies that SC provides; at least on the surface it seems like they should be doing the same thing, but as I have pointed out that there are significant differences in their values. Personally, I think that there’s a bug in the Moving Average - Time Period study, but before I jump to that conclusion, I want to give you a chance to explain the difference.

I should be able to understand reasons for the difference? If I did, why do you think I would be wasting your time and mine on this support ticket?

As far as how I’m using the studies or what the chart data is, I have done my best to explain both of those. If you need further clarification, please feel free to ask.
[2019-12-04 14:19:44]
User425231 - Posts: 4
Still waiting on a response...
[2019-12-05 02:49:29]
Sierra Chart Engineering - Posts: 78964
This will take some time. We just have to make sure that we have documented the study properly and double check the calculations. Allow about a week.
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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