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[User Discussion] - Daily average and today's range

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[2014-02-02 14:02:00] #1 [Go To First Post]
User17064 - Posts: 70
I'm looking to find the study that show last 2 weeks average daily range value. And another is show by today's daily range value. I think those of them is simple, but search for the study list provided by SC but no result.

[2014-02-02 18:35:03] #2 [Go To First Post]
tobi - Posts: 351
Have a look at: Analysis >> Studies >> Add Custom Study >> Average Range

[2014-02-03 13:23:19] #3 [Go To First Post]
User17064 - Posts: 70
Have a look at: Analysis >> Studies >> Add Custom Study >> Average Range Yes, I tried that before but it only show a pic with line but no number show how many ticks has this daily move. Or I may not find the proper usage of that study.

[2014-02-03 13:52:09] #4 [Go To First Post]
tobi - Posts: 351
A couple of questions before i can give more detailed help: - do you want these on a daily chart or an intraday chart? - do you only want the numbers to be shown in the upper data region line or do you also want to see a graph of the studies?

[2014-02-05 03:05:24] #5 [Go To First Post]
User17064 - Posts: 70
Thank you in advance, tobi. I transfer from MT4 to SC here.I attached one pic to explain this. In the circle, there is a status of daily range for last 2 weeks and average range. Hum...if SC has it will much better, if not, I think it also be fine.


capture.JPG / V - Attached On 2014-02-05 03:05:10 UTC - Size: 68.33 KB - 589 views

[2014-02-05 10:28:06] #6 [Go To First Post]
tobi - Posts: 351
Attached is a chartbook that contains a daily chart and an intraday chart. At the bottom of the daily chart is a common setup that shows the daily range of each day (histogram) and an average calculated over the past 10 days (without the current day; blue line). At the top of the intraday chart you can see the values of the current day's range and the average of the last 10 days. With the studies contained and their settings, you should get an idea of how this works and be able to set up your own preferences. Hope this helps :-)


adr.cht - Attached On 2014-02-05 10:27:57 UTC - Size: 85.5 KB - 521 views

[2014-02-05 11:16:42] #7 [Go To First Post]
Trint - Posts: 115
Another way to get the Value is using the 'Bar Difference' Study. i.e for the Daily charts - Add the 'Bar Difference' Study and Hide it. - Add a Simple Moving Average Study Go into Settings and Inputs, make sure 'Based On:' is set to Bar Difference (and the Input Data), set Length to what you want. I also set Scale to Independent here as I'm just after the Value in the Chart Header. Go into SubGraphs, set Short Name to ADR and optinally Hide the line if you just want the Value in the header. (Make sure Display Name is set in Region Data Line and Global - checkboxes) That's how I get a Daily Range value. Date Time Of Last Edit: 2014-02-05 11:18:04

[2014-02-06 04:50:55] #8 [Go To First Post]
User17064 - Posts: 70
Thanks guy!I try both of you mentioned way. Really helpful! Just start to use SC for one months, really love this tool!

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