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Direct MessagesDate/Time: Tue, 07 May 2024 05:44:15 +0000
New Periodicity based on Zig Zag
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| [2020-06-10 01:27:01] |
| QnReally - Posts: 181 |
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Dear Support, Have you thought of starting a new bar based on a zig zag setting of x number of ticks? Is the implementation complicated or the level of effort too high for this? This would be a new "Bar Period Type" for the chart. There would be a new bar for every swing (like the swings created by the Zig Zag study on a Renko chart). The benefits are as follows: 1) We can then add a VBP with numbers for each zigzag line and the entire swing's volume will be included in the VBP. Today we have to use reversal bars or point and figure Bar Period Types and the initial part of a swing's volume until the reversal occurs is included in the previous swing's volume. 2) I can today create a 4 tick renko chart, add a zig zag of, say 75 ticks reversal amount, to it, and then create and adjust several VBPs to match the zig zags manually or through my own automatic method (very crude and buggy method). One other issue apart from this being cumbersome is that the VBPs will be spread through out the chart because the number of renko bars it takes for each swing varies. I will not be able to see many more swings worth of VBPs like I can with the Reversal Bars. Thanks for your time. |
| [2020-06-11 05:05:56] |
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You really have to custom create this yourself: ACSIL Interface - Custom Chart Bars There is no chance we would be able to get to something like this for years. 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 Date Time Of Last Edit: 2020-06-11 05:06:51
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| [2020-06-11 10:02:02] |
| Ackin - Posts: 1865 |
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QnReally) Zigzag is not suitable for this. From the user's point of view, yes, but there will be many situations where it will lead to failure. For example, Zig Zag repainted, the volume profile probably very difficult to remove the already calculated part. I gave a Sierra chart a proposal for another study via email directly to SC Support and it will solve your request as well. |
| [2020-06-11 10:37:58] |
| QnReally - Posts: 181 |
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Ackin, Thanks for that info. I can see that a recalculate to keep the VBP in sync with a zig zag can quickly become a costly operation. I do that today with multiple one period VBPs based on zig zags, kind of cumbersome. I'd love to know the nature of your request, the feasibility from SC development's perspective, and any information on the timeline. If your request to SC is proprietary then you can ignore this. Thanks. |
| [2020-06-11 11:15:58] |
| Ackin - Posts: 1865 |
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I can't answer that. The only one who communicates with me from the support is "Sierra Support Tom" otherwise if you go through the history of my requests (there are a total of 20 from all my posts here) then no one answered me for most of them. I only make requests for native things that I obviously can't implement in the Sierrachart interface. These are just suggestions .... I understand that the support has a lot of work of its own, but at the same time I think that writing simple "Yes / No" does not have to hurt anyone. I have excellent experience with the SC Support ticket there was an answer always very helpful, fast and considerate of my ignorance. Compared to the SCH forum as like from another world ... To your question: I made a proposal for a comprehensive cumulative study in the form of an oscillator. Universal very easily expandable even for a layman using universal inputs directly from the interface. It would cover 90% of the needs of an ordinary trader watching the accumulation of a quantity. zigzag and volume profile is a never-ending topic ... it has been suggested several times ...... that there should be two simple rows / parameters in the volume profile in the settings: Input Start SC Index, Input End SC index. Then it would not be a problem to install the volume profile automatically (via ACSIL) not only on ZigZag but on any range in the market defined by the another study .... it was ignored as unnecessary a requirement. I have my own profile study (it's not as perfect as the original one, of course - it's not my priority to give it more time), but after recent changes to ACSIL commands around "time", it has to be revitalized because it would cause problems in newer versions. When I edit it in the near future, you can then download it to the CZSK forum. Date Time Of Last Edit: 2020-06-11 19:31:52
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| [2020-06-11 11:20:46] |
| Ackin - Posts: 1865 |
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btw If you have an idea for a specific system of cutting a market according to ZigZag, then of course we can together still put it into work. But you would have to set rules for what to do with the part of the market behind the fixed point ZigZag that is repainted. my email for this: zyp.sierra@gmail.com Date Time Of Last Edit: 2020-06-11 11:32:24
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