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Direct MessagesDate/Time: Fri, 26 Apr 2024 12:16:44 +0000
Auto Retracement/Projection Study, based on another study
View Count: 1424
| [2020-06-26 17:27:01] |
| Adam Schwartz - Posts: 81 |
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Hi, I am looking to use the auto retracement/projection study, but based on another study, rather than price itself. I am using the VbP study and it provides a fixed value area for that week, with three values - value area high, value area low and point of control. I want to use the auto projection study to project a 1.618 projection off the value area high. However, in the study settings, I have changed "based on" to VbP instead of main price graph, but it is calculating the study off the point of control, not the value area high (or value area low which I will do in another study). How can I get the auto projection tool to be based off the value area high or low, rather than the point of control? Many thanks in advance, A |
| [2020-09-15 18:18:29] |
| Adam Schwartz - Posts: 81 |
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Hi SC, I may not have explained the above correctly. What I want to do is use the auto projection study to calculate a 1.618 projection with the 100% and 0% values being the VAH and VAL (or vice versa) on the VbP study. Is it possible to modify it in this way? Thanks in advance |
| [2020-09-15 19:48:08] |
| John - SC Support - Posts: 31131 |
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The Auto Retracement/Projection study uses the Open, High, Low, and Last, therefore if you are going to base this on another study, then that study has to have Subgraph's in the order of Open, High, Low and Last as their first 4 subgraphs. The only way to really make this work would be to use the Spreadsheet Study and put in the values you need for columns K, L, M and N, and then base the Auto Retracement/Projection study on the Spreadsheet Study. In your particular case, you would add the Volume Value Area Lines study to the chart, then set the columns as follows: K: ID0.SG1@3 L: ID1.SG2@3 M: ID1.SG3@3 N: ID0.SG4@3 This assumes that your Volume Value Area Lines study is ID1. Refer to the following for how to reference a study in a Spreadsheet: Working with Spreadsheets: References to Study Subgraph Columns when using the Spreadsheet Study And refer to the following for the Volume Value Area Lines: Volume Value Area Lines For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2020-09-15 20:28:18] |
| Adam Schwartz - Posts: 81 |
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This is perfect. Works just as it should. I appreciate the quick response. Cheers
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| [2020-10-02 13:11:32] |
| User133881 - Posts: 3 |
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Hello SC Just to follow up on the above - is it possible to have the Auto Retracement/Projection Study based on the Zig Zag Study? So for every Zig Zag swing, the auto retracement study will calculate the defined retracement levels such as 0.5 and 0.618 etc. Look forward to your response on how I can set this up on my chart. Best wishes Sorem. |
| [2020-10-02 13:56:50] |
| Ackin - Posts: 1865 |
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Look: Auto Retracements study used with ZigZag Study - NOT WORKING PROPERLY |
| [2020-10-02 17:12:04] |
| User133881 - Posts: 3 |
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Thanx Ackin - maybe I am blind but i did not see where to download the "Smart Fib" if thats the correct name?
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| [2020-10-02 17:32:35] |
| Ackin - Posts: 1865 |
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:) If you are registered on my forum, you can download the library in which this study is. Study name: ZigZag - improved About forum: https://www.sierrachart.com/UserControlPanel.php?page=StudyStore&SCDLLName=zyp_download_free Studies list: Ackin's indicators (SCH users requests for studies) - Update list | Post: 231982 |
| [2020-10-02 17:41:19] |
| User133881 - Posts: 3 |
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Ok I just filled out the registration form and sent...over to you :-) cheers |
| [2020-10-02 17:45:12] |
| Ackin - Posts: 1865 |
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Done...The login/pass has been sent to your e-mail address provided during registration.
Date Time Of Last Edit: 2020-10-02 18:14:34
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