Support Board
Date/Time: Sat, 28 Dec 2024 23:39:19 +0000
[User Discussion] - iNDEPENDENT SCALE
View Count: 1331
| [2016-04-25 16:46:55] |
| User472677 - Posts: 356 |
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Hello, Given your brilliance I wonder if you know of a way to implement the following: Study A and Study B have vastly different values and no theoretical correlation. When these two studies are plotted on the same chart region with independent scales, there is an interesting VISUAL observation in that when VISUALLY ma of one study crosses the ma of the other, IT LEADS THE PRICE OF THE SECURITY. I would like to do a color study and an alert on the crossover(I know how to do both in normal cases) Probem here is that both studies have vastly different values, no limits to the values and have NO THORETICAL CORRELATION. The magic is in the way you have implemented independent scales. I hope I have explained in a manner that you can understand and help. thx |
| [2016-04-27 16:07:27] |
| User472677 - Posts: 356 |
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Hello, Any ideas! Thanks |
| [2016-04-29 16:44:18] |
| User472677 - Posts: 356 |
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Hello, Can you please share with me how you accomplish independent scaling? I need to know only what is relevant to my question. It may be easier for you to simply help me implement the idea in this thread. Thx |
| [2016-04-29 18:39:13] |
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This is not within the scope of our support.
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 |
| [2016-04-29 18:42:46] |
| Sawtooth - Posts: 4143 |
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-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 |
| [2016-05-03 17:49:01] |
| User472677 - Posts: 356 |
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Hello, Let me make it simple. I want to know how you have implemented independent scaling. Your implementation is different from other competing programs. This is well within the scope of your support. Thx |
| [2016-05-03 18:19:32] |
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Post #5 is from a user. The Independent Scale Range type setting is documented here: https://www.sierrachart.com/index.php?page=doc/doc_Scaling.html 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: 2016-05-03 18:20:28
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