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Date/Time: Thu, 28 Nov 2024 20:29:10 +0000



Reversal Bars not printing correctly

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[2023-04-01 00:00:27]
User727623 - Posts: 17
Hi,

I used to use Sierra Chart couple of years ago and Reversal Bars seemed to work perfectly. I'm now back at Sierra Chart and tried to load a GC chart with Reversal Bars and either the logic is totally changed or it's not printing correctly. I've attached a screenshot, you'll see there are a lot or bars without the correct amount of reversal from the High or the Low. My understanding from the reversal bar is, if the price makes an X tick reversal from its High or Low then the bar should close and a new bar should start forming. Could you please check the screenshot and let me know if this is the expected output?

Thanks
M
imageReversal_bar_issue.PNG / V - Attached On 2023-03-31 23:53:44 UTC - Size: 116.83 KB - 92 views
[2023-04-01 09:23:35]
Sierra_Chart Engineering - Posts: 17206
Set Sierra Chart to a Tick by Tick Data Configuration. Follow the instructions here to do this:
Tick by Tick Data Configuration
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, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-04-01 10:13:18]
User727623 - Posts: 17
Hi, thanks for looking into this. I followed all the steps, still seeing the same results. Attaching a screenshot with setting and log window details as well. Could you please send a screenshot of how GCM23 should look like for 31st of March with Reversal bar 20-0?

thanks
M
imageReversal_bar_issue_2.png / V - Attached On 2023-04-01 10:12:14 UTC - Size: 142.56 KB - 74 views
[2023-04-01 20:28:22]
Sierra_Chart Engineering - Posts: 17206
The reversal bars are definitely correct if using tick by tick data. It is important to understand how they work and they are documented here:
Chart Settings: Intraday Chart Bar Period >> Bar Period Type >> Reversal Bar (in ticks) (ReversalAmount - MinimumLength)

We will see about adding a new indication to the Tool Values window indicating if the reversal bar is an up bar or down bar.
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, use the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2023-04-01 20:28:27

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