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Date/Time: Sat, 26 Apr 2025 10:29:30 +0000



Post From: "Auto-follow" for retracement-drawings

[2017-01-12 14:21:35]
BrMa - Posts: 80
Dear ladies and gentlemen,

I'm looking for the following functionality but could not find it - is something like this possible in SierraChart?
Imagine you have a low in the market and you are drawing a retracement between the low and the actual price (which is higher). After the retracement was drawn, the price is increasing further - is there a possibility to tell the retracement-tool it should automatically adapt itself with the highest price between it's starting point and the actual point in time? And of course the other way round if it is a retracement on decreasing prices...

Reason for the question: I'm aware this can be easily done manually, but if it comes to highs and lows in larger timeframes this becomes a lot of work to do if you wanna keep your charts updated... especially if you're trading more than one product...

Thanks a lot in advance!
Regards, Markus