Support Board
Date/Time: Sat, 30 Nov 2024 06:40:58 +0000
[User Discussion] - Standard Deviation of Daily Range
View Count: 1695
| [2018-11-15 06:12:15] |
| omeros - Posts: 4 |
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Hello, I am trying to get the standard deviation of daily range (30 days) plotted as bands on my range bar intraday chart. I was able to get the daily range bands but I need to plot their standard deviation. I tried using standard deviation of true range but couldn't put it on the price. Any help would be greatly appreciated. |
| [2022-12-02 11:08:11] |
| OriolCasas - Posts: 167 |
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I am also looking for this! Omeros, were you abke to find a way? Thank you |
| [2022-12-02 17:34:49] |
| John - SC Support - Posts: 36350 |
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There is the Standard Deviation Bands study. Refer to the following: Standard Deviation Bands For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-12-03 00:26:49] |
| OriolCasas - Posts: 167 |
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That's not what I am looking for. I am looking for a study that can calculate of for example: The last 20 sessions, the standard deviations of range. Is that possible to create such thing with Sierra? Thank you |
| [2022-12-05 15:36:26] |
| John - SC Support - Posts: 36350 |
|
The Standard Deviation Bands can do what you are asking for. Calculate the range on a daily timeframe (setup however you need it to be) and then set the length of the Standard Deviation Bands to 20.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-12-10 20:32:41] |
| OriolCasas - Posts: 167 |
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Ok I will spend a few hours on it and try to create the standard deviations of range from close to close. But before that isn't there any place where I could look to somebody who set that up already right? Thank you |
| [2022-12-10 21:13:10] |
| OriolCasas - Posts: 167 |
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With this indicator is definitely not possible to track standard deviations of range from close to close. I want to track of the last 20 sessions 1 and 2 sigmas of the range and I definitely can't with this indicator. Is there any place or somebody I could look who has this set up? In Investor/RT i was able tos et that up, with Sierra I never found a way. Thank you |
| [2022-12-12 09:36:04] |
| OriolCasas - Posts: 167 |
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Attached you have an example on how FT71 tracks that on Investor/RT (annotations on the right of the chart (sigma +1, sigma +2...). That's what I am looking for. This are standard deviations of range from close to close. |
 Sigma Daily.png / V - Attached On 2022-12-12 09:34:18 UTC - Size: 142.32 KB - 251 views |
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