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Date/Time: Fri, 18 Oct 2024 08:41:24 +0000



[User Discussion] - Horizontal "bands"

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[2013-05-20 10:08:52]
User96105 - Posts: 113
I use horizontal bands on my charts to indicate support/resistance areas. At the moment I'm displaying these by upper and lower horizontal line studies for each band ~ typically there is 16 ticks between the upper and lower levels. Is it possible to create horizontal band studies so that I can show these with different colour infill, rather like extending rectangle drawing tool?
Date Time Of Last Edit: 2013-05-20 10:18:52
[2013-05-24 15:01:51]
User75101 - Posts: 12
+1
[2013-05-24 15:21:20]
Sawtooth - Posts: 4096
You can create, and be able to choose, different color and line configurations for drawing tools like the Extending Rectangle.

Global Settings >> Tool Configs >> Extending Rectangle

http://www.sierrachart.com/index.php?l=doc/doc_Tools.html#UsingMultipleDrawingToolConfigurations

If you want to use the Horizontal Lines study, you can set the Draw Styles of line pairs to Fill Top and Fill Bottom.


[2013-05-24 15:51:00]
User96105 - Posts: 113
Fill top/fill bottom does the job with the line studies. many thanks.
[2015-07-24 05:00:40]
Acro - Posts: 440
Thanks from me too tomglib.

The horizontal lines study does exactly what I want and I find that if I use Transparent top fill/bottom and put the study underneath the price in region 1 it does not get in the way.

My daily prep now includes using this study to quickly type in levels/zones of interest.
You can quickly adapt it to more volatile or less volatile markets by adjusting the upper and horizontal levels as described above.

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