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Date/Time: Tue, 22 Apr 2025 07:24:56 +0000



Indicator Request (Daily Range Projection - Range % - Custom Horizontal Ray)

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[2017-01-19 11:36:17]
User709439 - Posts: 3
I am considering SC at the moment but I would like to know if the following indicators can be made:

1. Daily / Weekly / Monthly Average Range Projections (ex Daily Range High/Low is plotted directly on the chart as horizontal lines)

2. Percent up/down based on Daily/Weekly/Monthly Range (ex Daily Range = 100 and price is up 80 from the current daily low = indicator shows 80%)

3. Horizontal Ray with added lines X ticks above and below. (ex Horizontal Ray at 100, then it automatically adds another line 20 ticks below and another line 20 ticks above)


If they can, I will migrate to SC very soon.


Thanks!
[2017-01-19 18:23:50]
Sierra Chart Engineering - Posts: 104368
1. Refer to the Daily OHLC study:
http://www.sierrachart.com/index.php?page=doc/TechnicalStudiesReference.html#s137

2. This is not supported. But there is this study:

https://www.sierrachart.com/index.php?page=doc/TechnicalStudiesReference.html#s325 (Percent Change since Open)

3. Have a look at the Parallel Rays drawing tool:
http://www.sierrachart.com/index.php?page=doc/Tools.html#ParallelRays

Also refer to:
http://www.sierrachart.com/index.php?page=doc/ArithmeticStudies.php

You can use the arithmetic studies with the Line study.
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: 2017-01-19 18:28:39
[2017-01-19 21:31:11]
User709439 - Posts: 3
Thanks for a quick reply!

However, it was not what I was looking for. Do you think it would be possible for someone to code this for a reasonable price?
[2017-01-20 05:32:15]
Sierra Chart Engineering - Posts: 104368
3. Did you want to draw this by using a drawing tool? We can instead make a study that does this. We would do that at no cost.
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: 2017-01-20 05:32:30
[2017-01-27 09:33:42]
User709439 - Posts: 3
Yes I use a drawing tool for that.

If I can get that tool in SC, I will migrate to SC! (its one of my essential tools)
[2025-01-26 21:26:58]
User956507 - Posts: 1
Any further progress made here?
[2025-01-27 21:47:15]
John - SC Support - Posts: 39395
You can do this using the "Spreadsheet Formula". Despite its name, the Spreadsheet Formula uses the Alert syntax. As such, there is support for referencing drawings. Refer to the following:
Study/Chart Alerts And Scanning: Referencing Chart Drawings

If you have a Horizontal Line for instance, then you would enter the following for the "Spreadsheet Formula" to create another line 10 ticks above the drawn line:
=UDID[5].A1 + 10 * TICKSIZE

Where 5 is the ID of the Horizontal Line drawing (refer to the link given above).
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

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