Support Board
Date/Time: Fri, 22 Nov 2024 21:17:49 +0000
What's the criteria for determining an up or down candlestick bar?
View Count: 136
| [2024-09-25 01:55:33] |
| Mark Lewis - Posts: 25 |
|
I'm working on a custom study and need to know if a candlestick is up (green) or down (red). It's not as simple as comparing SC_OPEN to SC_CLOSE because there are many cases where those values are the same. I haven't been able to find anything that steps through the criteria in the documentation or in general online. |
| [2024-09-25 13:55:35] |
| John - SC Support - Posts: 36236 |
|
The system uses the following logic: - If current candle Open is greater than the Close: Down Bar - If current candle Open is less than the Close: Up Bar - If current candle open and close are equal, check the current bar Open against the previous bar close and use the above criteria. Keep going backwards until there is a definite answer. Note that the above will not apply if you have the option for "Global Settings >> Graphics Settings >> Other >> Up/Down Coloring for OHLC Based on Previous and Current Close" enabled. Refer to the following: Graphics Settings: Up/Down Coloring for OHLC Bars Based on Previous and Current Close (Global Settings >> Graphics Settings >> Other) 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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