Support Board
Date/Time: Tue, 22 Apr 2025 02:36:33 +0000
I want to know a formula
View Count: 216
| [2025-02-08 09:51:43] |
| JabDouks25 - Posts: 10 |
|
Hello there, I would like to add a formula, in my footprint (renko 5T) for the ES. I would like to use the color bar based on Alert condition studie to highlight aborption of a level; I managed to show (divergences, both volumes and delta) using this studie. But i might say that I have some difficulties programming in order to show this condition: Buyer Absorbed ( Delta >0 (a least 300), and the next bar is closing down the previous one (red candle on the renko) Seller Absorbed (Delta <0 (a least 300), and the next bar is closing up the previous one (green candle on the renko) i would like to know if it is possible to filter it by only putting the important ones only, what kind of multiplier factor can I put to make it clear. I hope, i have been clear on my request (sorry, english is my third language) |
| [2025-02-10 15:17:39] |
| John - SC Support - Posts: 39395 |
|
The only trick to this is how you determine that the next bar is closing up or down. For Renko, there are special Open and Close values, so you need to use those in this case. Refer to the following: Renko Bar Charts: Renko Open, High, Low, Close Values Therefore, your Alert Condition would look like the following: =AND(ID1.SG1[-1] > 300, ID0.SG22 > ID0.SG23) Where ID1 is the ID of the study where you get the Delta from, SG1 is the subgraph that has the delta in the study from which you get the delta, [-1] indicates to use the next to last bar for this data, ID0.SG22 is the Renko Open, and ID0.SG23 is the Renko Close. Refer to the following: Study/Chart Alerts And Scanning: Referencing Other Studies on the Chart Study/Chart Alerts And Scanning: Referencing Data Other Than on the Last Bar/Column In the Chart For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-02-13 15:27:26] |
| JabDouks25 - Posts: 10 |
|
Hi John, Thank you for your time and support, i will try that and get back to you if needed; Best Regards |
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