Support Board
Date/Time: Sat, 18 Jan 2025 18:38:02 +0000
Would like to plot the average price without the volume weight
View Count: 745
| [2018-02-13 03:18:28] |
| User244592 - Posts: 46 |
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Hi I want to use this on intraday charts, just the average price. I currently use the VWAP but I just would like a line thats only the average price or mid. Is there an indicator that can do this? ( sorry but hope you can tell by my question I am not a high end user) Thank you . Ron |
| [2018-02-13 04:12:11] |
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There are many moving average studies for this. Just have a look at Moving Average-Simple: Moving Average - Simple 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 |
| [2018-02-13 13:55:20] |
| User244592 - Posts: 46 |
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I can't see how that works. I have been trying MA's .First I am not able to reset it at the start of trading. It is giving me the high and low of a specific bar, what I need is the average of the highest bars high and the lowest bars low in the series and ignoring anything else until a new high or low comes in,. If price immediately hit 24 and a low of 20 then stayed in between for 4 hours it would be a straight line at 22. The moving average needs a lookback which changes the output. Does this make sense? thank you
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| [2018-02-14 02:35:42] |
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Is what you are looking for the Daily OHLC study?: https://www.sierrachart.com//index.php?page=doc/StudiesReference.php&ID=137&Name=Daily_OHLC It can be set to draw the high and low incrementally throughout the day and display a midpoint line. ----- Alternatively: You need to use a combination of studies to accomplish this. There are a number of ways to accomplish this same result. Attached to this post is a Studies Collection that uses the following studies to give you what you are asking for. In this case, it includes the following: - High/Low for Time Period: This determines the Highest High and the Lowest Low for the day. - Study Subgraphs Add: This adds together the Highest High and the Lowest Low at each bar. - Study Subgraph Divide: This divides the result of the addition by 2 to give the average. In order to use this Study Collection, follow the instructions here: Study Collections: Using a Study Collection Provided by Sierra Chart Support In general, the documentation for the studies can be found here: Chart Studies 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: 2018-02-14 02:36:18
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 AverageHighestHighLowestLowDaily.StdyCollct - Attached On 2018-02-13 16:24:29 UTC - Size: 28 KB - 297 views |
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