Support Board
Date/Time: Mon, 28 Apr 2025 03:02:48 +0000
Post From: How to set Percentage Based Bar Period / Feature suggestion
| [2025-03-31 15:55:55] |
| JINGXUAN7968 - Posts: 11 |
|
Hi, 1) May I know is it possible to set percentage bar period in Sierra Chart? the Bar would form similar to Renko Bar based on Fixed Price/Fixed Tick but in Percentage Based 2) If is it available, how do I set it? if it is not, will this feature be added in future? Main reason was I found backtesting with Renko Bar based on Fixed Price(as well as fixed Tick) have a lot of "Error Result", using Renko bars based on a fixed price can be problematic over long periods due to large changes in asset prices. A fixed $5 Renko brick, for example, was much more significant when the NQ was at 3000 compared to now at 20000, I think Renko with Fixed Percentage will have the most accurate way to captures relative price movements because of "Consistent Volatility Representation" |