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Date/Time: Thu, 28 Nov 2024 13:40:31 +0000



Creating my own study

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[2023-04-24 15:05:23]
User278794 - Posts: 13
Good morning, hope your doing well. I'm currently trying to create a study/tool that I can draw on my chart that will help me with something I am currently doing manually. Attached you will see a picture of a chart with the following... a solid green line (marking the overnight highs), a solid red line (marking the over night low), a solid orange line (marking the over night middle) and last but not least the dotted and dashed lines dividing the day into 8ths. Like I said, currently I'm having to draw theses line manually everytime, and if the day breaks outside of the green or red lines then I have to re-adjust the lines. I wanted to see if there is a way to create this into a tool/study that I can use similar to something such as a Fibonacci retracement tools or simply just a study that can mark all this automatically. It is similar to the Daily OHLC study, but the difference is that I want to mark the overnight middle and divide the day up into 8ths. Or even if this is currently already a study that Sierra Charts already provides. If you need anything else, please let me know. Thank you so much in advance.
Private File
[2023-04-24 17:19:38]
John - SC Support - Posts: 36350
If the Daily OHLC gives you the High and Low you want, then you can use the Arithmetic Studies to break that down into the 8ths that you want. Refer to the following:
Using the Basic Arithmetic Studies
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-04-24 21:22:51]
User278794 - Posts: 13
Ok, I've tried giving it a good go myself for a few hours and I'm still stuck. Just needing a little more instruction. I've gone thru the steps of adding the High/Low for Time Period study (to mark highs and lows) and adding the corresponding studies such as Study Subgraphs Subtract/Difference, Study Subgraph Multiply, Study Subgraphs Add. I've messed with the Input Study 1 of each one of these Studies in their respective Settings and Inputs, but after changing the Input Study 1 and or Input Study 2, and changing all the settings, I'm still not getting to where I want. Is there any possible more information you're able to give me, I'm sure I'm doing something wrong on my side. Thanks again.
[2023-04-24 23:16:02]
User278794 - Posts: 13
OH! I think I got it! I'll let you know if I need any more help. Thanks again!
[2023-04-25 14:31:49]
John - SC Support - Posts: 36350
From what we think you are trying to do, the Study Subgraphs Average would work best.
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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