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Date/Time: Thu, 19 Sep 2024 22:06:42 +0000



Combining Studies: Sum Charts from List and Point and Figure

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[2014-02-19 02:03:57]
lou_diamonds - Posts: 39
I'm trying to have a Point and Figure chart of say 3 stocks. The Sum Charts from list works with the Point & Figure chart study. However, one of the 3 stocks is GOOG which is trading at +$1200 and the other 2 are trading at $50. I'm trying to use the multiplier with this, so that I can get GOOG's price to be closer to $50 and it totally messes up the Point & Figure chart when I do that.

It works fine if I use no multiplier, but it breaks the chart if I use the needed multiplier. Is there a workaround?

Thanks!
[2014-02-19 18:05:47]
Sierra Chart Engineering - Posts: 104368
We do not see why using the multiplier would cause a problem. Although we would not know without testing.
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

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[2014-02-19 23:51:06]
lou_diamonds - Posts: 39
Ok. I just answered my own question when I was going to reply. Because I had to explain to you exactly what I was doing & apparently the Sum charts function get's jacked up if the charts in the list are already point & figure charts. They all need to be bar charts, then you can apply the figure chart function as the 2nd study after the sum.

Thanks
[2014-02-20 01:13:38]
lou_diamonds - Posts: 39
Another question for you.

When I do use the multiplier in a Sume chart from list function, does it have any impact on volume?

Say if I have 1,000 shares at $100, and I use a multiplier of 2, I know it will change the price to $200, but will it change the shares to 500?

Thanks
[2014-02-20 03:19:24]
Sierra Chart Engineering - Posts: 104368
They all need to be bar charts, then you can apply the figure chart function as the 2nd study after the sum.
Yes. This is the correct way. Now we understand why there was a problem before.

We have verified that both the Divisor and the Multiplier do affect the Volume. In the same way they affect the Open, High, Low, Last values.

The multiplier affects the volume values in the same way as the price. But we can see that it should really do the opposite and we will change that in the next release.
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
[2014-02-20 22:58:02]
lou_diamonds - Posts: 39
When is the ETA of that update?
[2014-02-20 23:03:59]
Sierra Chart Engineering - Posts: 104368
Today or tomorrow.
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
[2014-02-20 23:05:30]
lou_diamonds - Posts: 39
Thanks!

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