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Date/Time: Tue, 24 Dec 2024 17:05:40 +0000



ATR & ADR studies when used with Daily Range Bar study - displacement

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[2015-10-07 11:54:40]
User13668 - Posts: 294
See attached screen grab of your documentation for the Daily Range Bar study.

The highlighted piece says to apply a displacement to the ATR study (or ADR study if using that one) so that the ATR is caluclated EXCLUDING today's trading - this is what I want.

However neither of the ATR or ADR studies offer a displacement option in 'Setting & Inputs'.

Could you confirm that therefore by default both the ATR and ADR studies EXCLUDE current days trading.

Thanks
imageSierraCapture.JPG / V - Attached On 2015-10-07 11:52:53 UTC - Size: 119.83 KB - 483 views
[2015-10-07 19:46:30]
Sierra Chart Engineering - Posts: 104368
The documentation is incorrect. The study Subgraph Displacement setting is not going to have any effect and is not supported. This is going to be removed from the documentation later today.
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

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[2015-10-07 20:05:00]
User13668 - Posts: 294
Thanks,

But can you confirm that both the ATR and ADR studies EXCLUDE current days trading given there is no displacemEnt parameter.

Normal industry practice is not to include the current, incomplete day when calculating an ADR or ATR.
[2015-10-08 03:56:19]
Sierra Chart Engineering - Posts: 104368
They will include the current day.

We have to look at the Daily Range Bands study to see if we can incorporate what you require. Should not be a problem.
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: 2015-10-08 03:57:31
[2015-10-13 01:32:36]
Al SC Developer - Posts: 434
In next version, a new input was added to the Daily Range Band study to allow the daily range input to be displaced.
[2015-11-05 08:14:09]
FFTrader - Posts: 180
In next version, a new input was added to the Daily Range Band study to allow the daily range input to be displaced.

The "Displacement" input works and displays the upper and lower bands properly.

However, when I refer to the Daily Range Band study from an alert / color bar study, I always get an error with the Lower Range Band when I refer to it (SG2). Additional, I have not been able to verify the Upper Range Band (SG1) as to whether an alert study produces an alert - although no error messages was received.

Specifically, I am using the CrossFromBelow / CrossFromAbove in the alert / color bar study.

Am I missing something or it is something that can be fixed in the next release?
Date Time Of Last Edit: 2015-11-05 08:15:07
[2015-11-05 18:29:47]
Sierra Chart Engineering - Posts: 104368
What is the Alert Formula you are using? And what is the error message?
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

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