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Question on Chart Calculator tool

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[2020-06-25 13:17:25] #1 [Go To First Post]
TeeJay - Posts: 123
Hi, I am evaluating SC at the moment and it looks great so far. But I measure a lot of percentages, every day, and honestly I completely do not understand the Chart calculator tool. While I read the documentation I cannot understand the use. E.g. when I measure from a bar high of 5 to a bar high of 15 I would expect me the PCT difference to show 200%. If I measure vice versa I would expect to show me a decline of -66.6%. Is there no such tool in SC? Thanks, Thomas

[2020-06-26 18:45:23] #2 [Go To First Post]
TeeJay - Posts: 123
Is there any answer to that? Because a measurement showing me 200% from 5 to 15 make sense. A measurement showing me 200% in the opposite direction makes no sense to me and would be useless. Thanks

[2020-06-26 21:00:23] #3 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
We will have to add a new setting for what you want. 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

[2020-06-26 22:05:54] #4 [Go To First Post]
TeeJay - Posts: 123
If this could be considered it would be great. I use this quite every day in my final manual screenings to measure out contractions over a time in the stocks charts. Although I am unsure of a thing that holds me back from subscribing at the moment, regarding your new policy on IB. While your stance to them is somehow understandable, it does not change the fact for me that I "need" them, alone due to lacking availability of US brokers in Europe due to absolute ridiculous EU regulations, but also in regards to their commissions and best margin rates available. I am a heavy stock trader, no futures. I just look at them. And I would use the SC realtime datafeed you offer. But if you ceased any business with them and completely stepped out I am not sure if this will work out. Generates some fear honestly.

[2020-06-28 06:26:39] #5 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Yes we will be looking into adding that setting. Regarding Interactive Brokers, this is the policy from our Interactive Brokers page: Notice: Sierra Chart technically supports Interactive Brokers but no technical help is provided when using Interactive Brokers with Sierra Chart. It is fine to use Interactive Brokers if there are no other choices for what you are trading or based upon your country of residency. However, if you have technical issues, you need to be self-sufficient and rely upon this documentation for help and other documentation on the Sierra Chart website. In regards to the above, if we become aware of an integration issue between Sierra Chart and Interactive Brokers Trader Workstation reported to us by a competent source, or that we are able to determine based upon a support request, we will in good faith resolve this to the best of our ability. However, 99.9% of reported problems are not integration issues but just due to a poorly designed and problematic API provided by Interactive Brokers. Furthermore, technical integration to Interactive Brokers will always be maintained. And the other thing is that if you are just using Sierra Chart for market data and charting, then the above really is not relevant. 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: 2020-06-28 06:29:05

[2020-06-28 06:49:38] #6 [Go To First Post]
TeeJay - Posts: 123
Thanks for getting back to me on that. Sounds great. And the other thing is that if you are just using Sierra Chart for market data and charting, then the above really is not relevant. No I am looking for a complete solution, also to trade from, as TWS is the same crap as the API. I just meant I would use your datafeed for sure above the IB feed. But I need to be efficient and fast throughout the day, so switching between charting and trading input is a no-go for me. I landed at Sierra finally because for me a lot of my trading is about crunching numbers, calculations and statistics on instruments. Sierra seems to give the possibilities for that. At least to most of it. Having huge Excel sheets, then have another charting platform, and finally putting in trades in TWS is the opposite of being efficient to me and costs me too many nerves and years of life. IB as broker is just the brick I have to carry around. All else has to be optimized as far as possible.

[2020-06-29 06:48:22] #7 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
Okay thank you. 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

[2020-07-04 11:45:20] #8 [Go To First Post]
TeeJay - Posts: 123
Would it be possible to get an ETA for this little change? Don't want to be bothering I am asking because I want to make the complete switch to SC this month. But this measuring possibility I need on a daily basis many times. So I can only make the switch then. Thank you!

[2020-07-06 23:40:38] #9 [Go To First Post]
Sierra_Chart Engineering - Posts: 14052
We will work on this in the next few days. 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, use the Teton service: Sierra Chart Teton Futures Order Routing

[2020-07-08 09:47:07] #10 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
As we began to look into this more closely: E.g. when I measure from a bar high of 5 to a bar high of 15 I would expect me the PCT difference to show 200%. If I measure vice versa I would expect to show me a decline of -66.6%. This functionality already exists and is documented here: Chart Drawing Tools: Chart Calculator Configuration So there is nothing further for us to add. The calculation method depends upon the slope. Refer to the Percent Change subsection (Labels >> Percent Change:) documentation of the section we linked to. 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: 2020-07-08 09:48:04

[2020-07-08 11:26:07] #11 [Go To First Post]
TeeJay - Posts: 123
Yes, this is what is written in the documentation, but it is not what it does. These lines are all drawn from low to high and from high to low vice versa. All have the same PC which is kinda not the function that is expected at all. Every line you see are essentially two lines because they are overlayd, one from down to up and one from up to down so you see it does not work. http://www.sierrachart.com/image.php?Image=1594207524108.png Please have a look yourself, thanks Date Time Of Last Edit: 2020-07-08 11:27:05

[2020-07-08 12:26:14] #12 [Go To First Post]
TeeJay - Posts: 123
Ok this has a time-factor implemented in I saw. Maybe we can have a setting without a time-factor because for this use this makes no sense. Just the real percentage between two points, depending if you measure from high to low or from low to high. Not dependent on how you move forward or back in time. This is different from what is implemented now and also the use is different one. Date Time Of Last Edit: 2020-07-08 12:27:25

[2020-07-08 12:32:40] #13 [Go To First Post]
Chris32 - Posts: 50
I have also sometimes found it to be counterintuitive that the calculation method is determined by the slope. Would be good to have the option of this simple method : (value at second point - value at first point)/value at first point However the price difference and difference in ticks values should also be calculated differently to be consistent with this. And then another issue is that you could not visually tell which is the first point and which one is the second point (you can't draw an arrow with current options)

[2020-07-08 12:43:26] #14 [Go To First Post]
Sierra_Chart Engineering - Posts: 14052
Regarding post 11, this is not what the documentation says at all. Please read it again. Every one of those lines you have drawn, that overlap each other, all have the same slope! Of course they are giving the same calculation. 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, use the Teton service: Sierra Chart Teton Futures Order Routing

[2020-07-08 12:51:58] #15 [Go To First Post]
TeeJay - Posts: 123
It is definitely counter intuitive depending on your use case of and how you are measuring. Depending on the slope is somehow sophisticated, but sometimes the simple things are effective and fastest to work with. Just percentage rise/drop between two points without other factors.

[2020-07-08 12:53:17] #16 [Go To First Post]
TeeJay - Posts: 123
Yes I admitted that already in the next message that I saw that it is depending on other factors, which is kinda not the functionality wanted. And asked for a setting for just simply calculating. Sorry that I misinterpreted the documentation at first Date Time Of Last Edit: 2020-07-08 13:08:15

[2020-07-14 09:27:38] #17 [Go To First Post]
Sierra Chart Engineering - Posts: 104368
We will have to look into adding an option for what you are looking for. We just have been very busy and not had time to get back to this. 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: 2020-07-14 09:27:52

[2020-07-14 12:14:56] #18 [Go To First Post]
TeeJay - Posts: 123
Ok I understand. Just when you have time, would be great. Thanks. P.S.: I know there is no active subscription at the moment but this is because my trial ran out and I am in the process of moving to other country right now. So I will be an active customer. Just in the case you look at that.

[2020-09-11 16:34:51] #19 [Go To First Post]
TeeJay - Posts: 123
I implemented this myself in the meanwhile, thanks.

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