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Drawing Opening Range


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  #1 (permalink)
EdgeOfChaos
Paris/France
 
Posts: 14 since Feb 2017
Thanks Given: 4
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Hello Traders,
i've been looking into the existing studies something that would allow me to draw an opening range that would stop
drawing once a certain amount of ticks would be reached ( no luck until now), is there anything like that?
(for exemple: session open at 156 it creates a first line then price goes to 158 so i now have two line : one low 156 and one high 158 and then it goes to 166 (so a 10 ticks range)) at this stage i want the range to remain like with the two lines being visible until the end of the day.


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  #2 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: EdgeClear, FCM:Phillip, Data:Denali, Routing:Teton
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There is no native study that will do what you want. It would require programming a custom study, or by using the Spreadsheet Study study.


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  #3 (permalink)
EdgeOfChaos
Paris/France
 
Posts: 14 since Feb 2017
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ok thanks again tomgilb.


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  #4 (permalink)
 mkata 
Columbus, OH
 
Experience: Intermediate
Platform: SierraChart
Trading: CL
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If you're using the session open, why not just use the Horizontal Line at Time + Bands/Envelope set to +/- 10 ticks?


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