Support Board
Date/Time: Sun, 29 Dec 2024 15:57:15 +0000
Post From: iNDEPENDENT SCALE
[2016-04-29 18:42:46] |
Sawtooth - Posts: 4143 |
-You can overlay a study, but you must use the Independent scale for it, or for both. -You can check 'Use Left Side Scale' in Chart Settings >> Advances Settings tab, but it cannot be scaled like the right side. Left side scale -If you use the Independent Scale for both, and scale the right side, you'll confirm that the visual correlation is merely coincidental. -To create an arbitrary correlation, you'd need to establish an 'anchor price' at a certain time or at a certain event. -Instead, you might consider trading Exchange Traded Spreads, where actual correlations exist. Access to these is available in the Sierra Chart Real Time data feed: https://www.sierrachart.com/index.php?page=doc/SierraChartRealTimeFuturesStockDataFeed.php#ExchangeTradedSpreads |