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Date/Time: Sat, 11 Jan 2025 22:54:44 +0000



"Auto-follow" for retracement-drawings

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[2017-01-12 14:21:35]
BrMa - Posts: 80
Dear ladies and gentlemen,

I'm looking for the following functionality but could not find it - is something like this possible in SierraChart?
Imagine you have a low in the market and you are drawing a retracement between the low and the actual price (which is higher). After the retracement was drawn, the price is increasing further - is there a possibility to tell the retracement-tool it should automatically adapt itself with the highest price between it's starting point and the actual point in time? And of course the other way round if it is a retracement on decreasing prices...

Reason for the question: I'm aware this can be easily done manually, but if it comes to highs and lows in larger timeframes this becomes a lot of work to do if you wanna keep your charts updated... especially if you're trading more than one product...

Thanks a lot in advance!
Regards, Markus
[2017-01-12 20:24:47]
Sierra Chart Engineering - Posts: 104368
No, this is not available but there is this study:
https://www.sierrachart.com/index.php?page=doc/TechnicalStudiesReference.html#s169 (Auto Retracement/Projection)
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: 2017-01-12 20:25:02

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