Support Board
Date/Time: Sun, 27 Apr 2025 18:39:36 +0000
How to set Percentage Based Bar Period / Feature suggestion
View Count: 74
| [2025-03-31 15:55:55] |
| JINGXUAN7968 - Posts: 11 |
|
Hi, 1) May I know is it possible to set percentage bar period in Sierra Chart? the Bar would form similar to Renko Bar based on Fixed Price/Fixed Tick but in Percentage Based 2) If is it available, how do I set it? if it is not, will this feature be added in future? Main reason was I found backtesting with Renko Bar based on Fixed Price(as well as fixed Tick) have a lot of "Error Result", using Renko bars based on a fixed price can be problematic over long periods due to large changes in asset prices. A fixed $5 Renko brick, for example, was much more significant when the NQ was at 3000 compared to now at 20000, I think Renko with Fixed Percentage will have the most accurate way to captures relative price movements because of "Consistent Volatility Representation" |
| [2025-03-31 19:00:02] |
| John - SC Support - Posts: 39502 |
|
There is no built-in option for setting a bar period based on a percentage. You could do this by creating a custom study to create custom bars. Refer to the following: ACSIL Interface - Custom Chart Bars https://www.sierrachart.com/index.php?page=doc/SierraChartStudyAndSystemProgrammers.php 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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