NexusFi: Find Your Edge


Home Menu

 





Average range of a time based candle


Discussion in Sierra Chart

Updated
    1. trending_up 1,548 views
    2. thumb_up 0 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
EdgeOfChaos
Paris/France
 
Posts: 14 since Feb 2017
Thanks Given: 4
Thanks Received: 0

Hello Traders,
i'm trying to build a study that:

* Tells me the range (in % of the contract value) of the current bar .
(for instance the first hour of the mini dax is say 0,58% of the mini dax value :15000= 87 points)
*compare this range to n previous bar that started at the same time.

(like i'm looking at a 60 min chart, the first 60 mn bar (8h00- 8h59mn59s) just closed, at 0.58% of the contract value 15000= 87 points)
i want now compare this range to the n previous 60mn bars that started at the same time (like all the 8h00-8h59mn59s over the past 10 days for instance).

Is there an existing study i could use for this?


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
My Rant with AMP Futures
Trading Reviews and Vendors
EA
Platforms and Indicators
No book, only a stair: journaling fills where price move …
Cryptocurrency
requesting .nrd replay files from 2026 spy and qqq
The Elite Circle
RTH vs ETH: when your chart and Volume Profile trading h …
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Mes vs MNQ
6 thanks
NexusFi site changelog and issues/problem reporting
5 thanks
BERN ALGOS algo trading journal
3 thanks
TopStep Trader disappointment
2 thanks
Running trading strategies on a VPS
1 thanks
  #2 (permalink)
 Sawtooth 
Prescott AZ USA
 
Experience: Advanced
Platform: SierraChart
Broker: EdgeClear, FCM:Phillip, Data:Denali, Routing:Teton
Trading: YM RTY ES NQ
Posts: 480 since Nov 2009
Thanks Given: 222
Thanks Received: 608

There is no native study that will do this. It would require programming a custom study.
It would be very difficult to do it with a spreadsheet study, with significant limitations.


Reply With Quote
  #3 (permalink)
EdgeOfChaos
Paris/France
 
Posts: 14 since Feb 2017
Thanks Given: 4
Thanks Received: 0


Ok thanks tomgilb.


Reply With Quote




Last Updated on November 11, 2018


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts