Support Board
Date/Time: Wed, 15 Jan 2025 15:38:29 +0000
How to calculate upper & lower values of indicator
View Count: 890
| [2017-08-16 19:04:02] |
| User172040 - Posts: 70 |
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2 of the indicators I'm using are the NQ TICK and the 20 MA of the Ask/Bid Volume Difference Bars study. Both these fluctuate around a 0 center line. I want to know how I can auto calculate the upper and lower 'value areas' of these studies. I.e. I want to see where the majority of price traded in. Example: NQ TICK fluctuate between +500 and -300 for a given period. I want the system to plot levels that will show where 80% of the ticks traded (So upper 40% and lower 40%). Almost like the VAH and VAL of volume profiling. Is that clear enough?
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| [2017-08-16 20:58:35] |
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The closest that is available this is to use this Draw Style: Chart Studies: Horizontal Profile (ACSIL: DRAWSTYLE_HORIZONTAL_PROFILE) 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 |
| [2017-08-17 14:27:31] |
| User172040 - Posts: 70 |
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Are you sure about that? SC usually have an answer for every request. The horizontal profile is not what I was hoping for. Any other ideas? What about something like a standard deviation with bands or a median with bands - do you think something like that might work?
Date Time Of Last Edit: 2017-08-17 14:29:25
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| [2017-08-17 14:43:28] |
| User172040 - Posts: 70 |
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The standard deviation with bands is close enough. Should have thought about that. Thanks
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