Support Board
Date/Time: Thu, 27 Feb 2025 03:29:30 +0000
Any method to have the Daily OHLC start at a time later than the chart session start time?
View Count: 750
| [2021-06-09 21:38:24] |
| gjockey - Posts: 48 |
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Hi, I trade equities and Previous Day High and Previous Day Low are important levels to watch. However, values from the previous day "premarket" (anything before 9:30 AM EST) are never used by traders in establishing that day's High and Low. I'm running into a problem because I need to start my chart session time at 4AM so I can see the current day premarket trading. When I apply the Daily OHLC study (reference 1 day back), It will calculate the Previous Day low starting from my 4AM EST chart session start time, whereas I need it to start from 9:30 AM EST. Is there a way around this issue or perhaps is there another indicator that might accomplish this goal of obtaining the previous day high and low starting at a time that is later than the chart's session start time? |
| [2021-06-10 00:48:15] |
| 58LesPaul - Posts: 429 |
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Use Day Session Only doesn't work?
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| [2021-06-10 01:02:37] |
| gjockey - Posts: 48 |
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I do use day session. Unfortunately, I need to set my day session as 4:00 - 16:00 so that I can trade premarket (4AM - 9:30 AM EST for US Equities). Unfortunately, doing so makes the Daily OHLC use 4AM as the beginning time when I set it to graph the previous day high/lo versus the 9:30 AM beginning time that is needed.
Date Time Of Last Edit: 2021-06-10 01:11:06
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| [2021-06-10 01:30:51] |
| 58LesPaul - Posts: 429 |
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Can't you set your day session to 9:30-16:00 and use evening session set to 4:00-9:29?
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| [2021-06-10 01:40:40] |
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Refer to this Input (Use Day Session Only) with this study: Daily OHLC: Inputs You need to set the Evening Session Times to be the premarket hours. Here is an example: http://www.sierrachart.com/image.php?Image=162328961848.png 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: 2021-06-10 05:50:31
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| [2021-06-10 07:04:17] |
| gjockey - Posts: 48 |
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Thank You both for the suggestion. It solves the problem I originally posted but unfortunately introduces a new problem for the VWAP indicator I use. To make a long story short, I trade equities from premarket to afterhours which basically is 4:00 - 20:00 EST. I found that setting the current session = 9:30 - 16:00 and extended session = 16:01 - 9:29 results in the indicator I use for VWAP incorporating data from the previous day afterhours into the current day VWAP. Anyways, the solution did work for the Daily OHLC problem I originally posted but unfortunately opens up a new issue with VWAP. At this point, I think I will fall back to the method of having a secondary chart set up with the Daily OHLC study and set to session = 9:30 - 16:00 . Then I can use the study "Study/Price Overlay" to import the wanted previous day Hi/Lo onto my primary chart. Not really the way I wanted to do it, but it works all the same. Thanks again. |
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