Support Board
Date/Time: Sun, 12 Jan 2025 15:34:49 +0000
Post From: Daily Range Bands question
| [2017-02-18 01:01:49] |
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We apologize for the long delay with this. We have finally done testing and a code review and what you see is the correct mathematical result. The documentation has been updated along with a described solution: The output consists of two study Subgraphs that form the upper and lower bound of the predicted range using the days High and Low and the Range study referenced.
Upper Band when Gap Adjust With Yesterdays Close is No: (Low for day + Range Study Reference Subgraph for the corresponding day) * BandMultiplier. Lower Band when Gap Adjust With Yesterdays Close is No: (High for day - Range Study Reference Subgraph for the corresponding day) * BandMultiplier. Upper Band: (Minimum(Low for day, Previous day close) + Range Study Reference Subgraph for the corresponding day) * BandMultiplier. Lower Band: (Maximum(High for day, Previous day close) - Range Study Reference Subgraph for the corresponding day) * BandMultiplier. Reversed Bands: In the case where you notice that the Upper Band Subgraph is lower than the Lower Band Subgraph, you need to increase the Band Multiplier value to solve this. Updated documentation: https://www.sierrachart.com/index.php?page=doc/TechnicalStudiesReference.html#s349 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: 2017-02-18 01:04:39
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