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Date/Time: Fri, 06 Dec 2019 19:18:50 +0000



Initial balance on daily chart

[2014-05-23 16:08:35]
LUCA_SIERRA - Posts: 8
I need to do a spreadsheet study on Initial Balance.
I see (to me) it works only on 60min bars chart
If I set a daily charts the Initial balance indicator doesn't work.
I need an acceptable historical data example to make the study and if I set a 60min bar with IB it is not enoght.
Please let me know
Regards
[2014-05-23 21:47:49]
Sierra Chart Engineering - Posts: 78970
For what time period do you want to calculate the initial balance for? If it is less than 1 day, then you cannot use a Daily bar chart.

If you update to the latest Sierra Chart release, you can access more reliable historical data when using Interactive Brokers. Refer to the version notes for version 1141.
Sierra Chart Support - Engineering Level

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[2014-05-24 22:03:12]
LUCA_SIERRA - Posts: 8
For the day, I want the usual Initial Balance the range from 8:30 to 9:30 Central. I have Rithmic datafeed, but having the Sierra Package 3 I have Sierra Historical data. I just want to use a daily chart because it goes back more days. If I do it on a 60min chart I get the same result but for much less days.


[2014-05-24 22:56:33]
Sierra Chart Engineering - Posts: 78970
Calculating a 1 hour initial balance requires a Intraday chart. And the time period per bar cannot exceed 1 hour and needs to evenly divide into 1 hour.

Update your copies of Sierra Chart the latest version and use the Continuous Futures Contract feature on an Intraday chart:
http://www.sierrachart.com/index.php?l=doc/doc_ContinuousFuturesContractCharts.html
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.
[2014-05-26 14:22:31]
pst - Posts: 359
On your daily chart, use the Study/Price Overlay from the 60 Min Chart.

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