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Date/Time: Tue, 25 Feb 2025 16:33:00 +0000



Average

View Count: 449

[2021-04-14 15:28:40]
User361939 - Posts: 167
Hello,
I am trying to create color background alert for "average range per bar" on e.g 15min chart
There is a study "Avarage Daily range" which would show exactly what i need but id works only for DAILY charts.
How can i get the same result but for "intraday" time frames?

Best Regards
[2021-04-14 15:44:49]
John - SC Support - Posts: 38160
It's easy enough to create the "Average Daily Range" for what you want. Just add the True Range study and then apply the Moving Average - Simple to the "True Range".

Refer to the following for the True Range:
True Range

Refer to the following for the Moving Average - Simple:
Moving Average - Simple

And refer to the following for how to base a study on another study:
Chart Studies: Settings and Inputs Tab >> Based On - Basing a Study on Another Study
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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