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Plot on price panel when subgraph study crosses zero line
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Plot on price panel when subgraph study crosses zero line

  #1 (permalink)
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Plot on price panel when subgraph study crosses zero line

Can someone show me how to plot on the price panel when a subgraph study crosses above/below zero line?

If subgraph study 4 crosses below 0 - plot letter 'Z' in red on price panel, a few ticks above the current price.

If subgraph study 4 crosses above 0 - plot letter 'Z' in blue on price panel, a few ticks below current price.

I'm just trying to use the Z-score function but visualize it in a different way.

I assume I can also adapt the above formula example to be able to also plot when the z-score hits a standard deviation of +/- 1.

Mike

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  #2 (permalink)
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Use 'Color Bar Based on Alert Condition' - one instance for crossing from above and one from below.

Set alert condition to something like '=CROSSFROMABOVE(ID4.SG1, 0)

Set Study setting 'Output when condition true' to 'Use input value' and set input value to high or low depending on where you want the text.

Set the drawstyle to 'Text' and enter Z for Text to Draw.

You can set the offset by ticks or by percentage.

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  #3 (permalink)
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Jolew View Post
Use 'Color Bar Based on Alert Condition' - one instance for crossing from above and one from below.

Set alert condition to something like '=CROSSFROMABOVE(ID4.SG1, 0)

Set Study setting 'Output when condition true' to 'Use input value' and set input value to high or low depending on where you want the text.

Set the drawstyle to 'Text' and enter Z for Text to Draw.

You can set the offset by ticks or by percentage.

Works perfectly, thank you!

Mike

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  #4 (permalink)
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Could you also tell me how to test if the subgraph value is > x (ie > 1 or < -1)?

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
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  #5 (permalink)
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Big Mike View Post
Could you also tell me how to test if the subgraph value is > x (ie > 1 or < -1)?

Mike

I'm not sure exactly what you are looking for on this one.

If just a separate alert for greater than 1, just use '=ID4.SG1>1'

You can also use CROSSFROMABOVE or CROSSFROMBELOW, such as '=CROSSFROMABOVE(ID4.SG1, -1)'

If you are combining the criteria, just put both criteria in an AND statement.

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  #6 (permalink)
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Jolew View Post
I'm not sure exactly what you are looking for on this one.

If just a separate alert for greater than 1, just use '=ID4.SG1>1'

You can also use CROSSFROMABOVE or CROSSFROMBELOW, such as '=CROSSFROMABOVE(ID4.SG1, -1)'

If you are combining the criteria, just put both criteria in an AND statement.

Perfect, thanks. You can tell I am a complete novice at this, I just never took time to learn this part of Sierra.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

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