Support Board
Date/Time: Sat, 19 Apr 2025 15:21:55 +0000
Standard precedence
View Count: 182
| [2025-03-08 18:17:55] |
| User373245 - Posts: 51 |
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If I change the standard preference Based on..which defaults to main price graph to a study that has subgraphs in order to use another study on ...say standard deviation and the study your changing the standard preference based on has multiple subgraphs ...what calculation is it using. Say I wanted to use standard deviation on pivots, I can change the main price graph to those pivots and than get the standard deviation of that with standard deviation study.....what aspect of the pivot calculation is it using ...as there are many? But not just pivots...I am curious this question as a whole that if I change the based on standard precedence to something with multiple subgraphs what aspect is being used ?
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| [2025-03-09 19:24:53] |
| Sierra_Chart Engineering - Posts: 19276 |
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This depends upon the study being used which is based on another study. We need to know the exact study you are changing this setting on: Chart Studies: Settings and Inputs Tab >> Based On - Basing a Study on Another Study In the case of the Standard Deviation study, you would then control the Subgraph to use in the Study it is based on, through the Input Data input: Common Study Inputs: Input Data 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: 2025-03-09 19:27:09
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| [2025-03-12 18:57:32] |
| User373245 - Posts: 51 |
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I am trying to use standard deviation study on PP R1 and S1 individually as well as the Average True range
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| [2025-03-12 19:36:27] |
| User373245 - Posts: 51 |
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I actually see standard deviation ..if I load it you can select which pivot but if I load ATR you can set it from main price to pivots but are not able to select individual pivots ..which is ok ...I dont have to have them all but need to know what pivot it is using to get the ATR of the pivot?
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| [2025-03-12 20:33:26] |
| John - SC Support - Posts: 39362 |
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You have us completely lost. We do not know what study is referencing which. All we know is you have a Standard Deviation, a Pivot Points, and an ATR study. But we do not know which one you are trying to base on which. Please give us the specific information of which study is the primary and what study you are using and setting the "Based On" to that primary study. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-03-14 18:20:49] |
| User373245 - Posts: 51 |
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If I load the average true range study to a chart and change the standard precedence from main price on graph to pivots as I am trying to find both the average true range of the pivots per time as well as standard deviation. hat pivot is it calculating to get the ATR value as there are many. If you do the same with standard deviation it lets you choose which pivot. As I have shown in both these screen shots.
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| [2025-03-14 20:23:09] |
| John - SC Support - Posts: 39362 |
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To start with "Standard Precedence" is not a field. It is just information on the calculation precedence for the study. The field you are referring to is the "Based On" field. Neither of what you are trying to do will work directly in the way you have them setup. To start with, a Standard Deviation is a measurement of the amount of deviation a data set has away from the mean. This applies to a single subgraph and applies to the data over time. A Pivot Point is a constant line over a period of time. You could get the Standard Deviation over a long period of time for a specific Pivot Point line, but you would have to use a long time frame for this. Refer to the information for this study here: Standard Deviation The Average True Range is a measure of the average value of the "True Range". The "True Range" is a measurement of the High to Low values for bars, but considers some special circumstances in the calculations. Refer to the following for the "Average True Range": Average True Range And refer to the following for how the True Range is calculated: True Range The "True Range" is meant for bars, therefore there are references to the Open, High, Low, and Close of bars. You could theoretically use this on a series of data that also has 4 data points that would equate to the Open, High, Low, and Close of a bar. The easiest way to do this would be to use the "Spreadsheet Formula - Bar" to establish the 4 data points you want and then base the "Average True Range" on that Spreadsheet Study - Bar study. Refer to the following: Spreadsheet Formula 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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