Support Board
Date/Time: Mon, 21 Apr 2025 05:13:11 +0000
Post From: Standard precedence
| [2025-03-14 20:23:09] |
| John - SC Support - Posts: 39362 |
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To start with "Standard Precedence" is not a field. It is just information on the calculation precedence for the study. The field you are referring to is the "Based On" field. Neither of what you are trying to do will work directly in the way you have them setup. To start with, a Standard Deviation is a measurement of the amount of deviation a data set has away from the mean. This applies to a single subgraph and applies to the data over time. A Pivot Point is a constant line over a period of time. You could get the Standard Deviation over a long period of time for a specific Pivot Point line, but you would have to use a long time frame for this. Refer to the information for this study here: Standard Deviation The Average True Range is a measure of the average value of the "True Range". The "True Range" is a measurement of the High to Low values for bars, but considers some special circumstances in the calculations. Refer to the following for the "Average True Range": Average True Range And refer to the following for how the True Range is calculated: True Range The "True Range" is meant for bars, therefore there are references to the Open, High, Low, and Close of bars. You could theoretically use this on a series of data that also has 4 data points that would equate to the Open, High, Low, and Close of a bar. The easiest way to do this would be to use the "Spreadsheet Formula - Bar" to establish the 4 data points you want and then base the "Average True Range" on that Spreadsheet Study - Bar study. Refer to the following: Spreadsheet Formula For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |