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Date/Time: Tue, 26 Nov 2024 08:37:30 +0000



How do I see if price moved 1R from a prior bars range difference?

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[2023-12-10 05:06:30]
User664207 - Posts: 9
I want to paint bar green for instance once a bars distance achieves 1R in next 1 or more bars. So I need the bar difference plus 2 ticks and then reference that to see if next bar achieves that same number of ticks or difference.

Thank you
[2023-12-11 16:40:08]
John - SC Support - Posts: 36286
To color a bar based on a condition, use the "Color Bar Based on Alert Condition" study. Refer to the following:
Color Bar Based on Alert Condition
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2023-12-11 16:45:11]
User664207 - Posts: 9
Thank you, but how do you reference, for instance, the prior bars range (H-L) plus two ticks, and then compare the currently forming bar to see if it has met that range difference?
[2023-12-11 19:35:14]
John - SC Support - Posts: 36286
All of the information for this is on the "Alerts and Scanning" page at the following link:
Study/Chart Alerts And Scanning

To test if the current bar range is more than the previous bars range plus two ticks would be the following:
=ABS(H - L) > ABS(H[-1] - L[-1]) + 2 * TICKSIZE
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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