Can this be Done ? - Sierra Chart | futures io social day trading
futures io futures trading


Can this be Done ?
Updated: Views / Replies:412 / 3
Created: by Babool Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Can this be Done ?

  #1 (permalink)
Elite Member
Detroit, MI
 
Futures Experience: Master
Platform: Sierra Chart
Favorite Futures: NQ, CL, ES, GC
 
Posts: 59 since Jul 2011
Thanks: 8 given, 49 received

Can this be Done ?

This is what I want to do. I want to take a donchian channel and have the channel change based on a 3 and 12 bar simple moving average.

For example if the 3 bar moving average is > than the 12 bar moving average I want the top channel of the donchian channel to be hidden so that only the lower channel is showing on the chart. If the 3 bar moving average is < 12 bar moving average then I want the bottom channel hidden. It will kind of look like a parabolic when finished.

Any help on this would be appreciated incredibly. Thanks.

Regards

Reply With Quote
 
  #2 (permalink)
Elite Member
Greenville, SC
 
Futures Experience: Beginner
Platform: Sierra Chart
Favorite Futures: NQ
 
Posts: 38 since Jul 2015
Thanks: 162 given, 61 received


Babool View Post
This is what I want to do. I want to take a donchian channel and have the channel change based on a 3 and 12 bar simple moving average.

For example if the 3 bar moving average is > than the 12 bar moving average I want the top channel of the donchian channel to be hidden so that only the lower channel is showing on the chart. If the 3 bar moving average is < 12 bar moving average then I want the bottom channel hidden. It will kind of look like a parabolic when finished.

Any help on this would be appreciated incredibly. Thanks.

Regards

Here is one way to do it. The Donchian is a 20 period, if you want to change it. I made the alerts >= and <= just because it looked better to me. Delete the equal signs if that's not what you want.

Attached Files
Register to download File Type: stdycollct Donchianparabolic.StdyCollct (46.6 KB, 12 views)
Reply With Quote
 
  #3 (permalink)
Elite Member
Phoenix AZ USA
 
Futures Experience: Advanced
Platform: SierraChart
Broker/Data: TradePro/TransAct
Favorite Futures: NQ YM RTY
 
Posts: 307 since Nov 2009
Thanks: 125 given, 358 received



Babool View Post
This is what I want to do. I want to take a donchian channel and have the channel change based on a 3 and 12 bar simple moving average.

For example if the 3 bar moving average is > than the 12 bar moving average I want the top channel of the donchian channel to be hidden so that only the lower channel is showing on the chart. If the 3 bar moving average is < 12 bar moving average then I want the bottom channel hidden. It will kind of look like a parabolic when finished.

Any help on this would be appreciated incredibly. Thanks.

Regards

It can be done using the Spreadsheet Study study.
Try this:
-Hide the Donchian Channel study
-Add the Spreadsheet Study study
-Set the Chart Region to 1
-Give the spreadsheet study a name in the Spreadsheet Name field
-Set the Draw Styles of SG1 and SG2 to Line-SkipZeros
-On the spreadsheet, use these formulas:
Cell K3:
=IF(ID2.SG1@3>ID3.SG1@3,ID1.SG2@3,0)
Cell L3:
=IF(ID2.SG1@3<ID3.SG1@3,ID1.SG1@3,0)
where ID2 and ID3 are the MAs, and ID1 is the Donchian Channel. Edit as needed.

Reply With Quote
The following user says Thank You to tomgilb for this post:
 
  #4 (permalink)
Elite Member
Detroit, MI
 
Futures Experience: Master
Platform: Sierra Chart
Favorite Futures: NQ, CL, ES, GC
 
Posts: 59 since Jul 2011
Thanks: 8 given, 49 received


tomgilb View Post
It can be done using the Spreadsheet Study study.
Try this:
-Hide the Donchian Channel study
-Add the Spreadsheet Study study
-Set the Chart Region to 1
-Give the spreadsheet study a name in the Spreadsheet Name field
-Set the Draw Styles of SG1 and SG2 to Line-SkipZeros
-On the spreadsheet, use these formulas:
Cell K3:
=IF(ID2.SG1@3>ID3.SG1@3,ID1.SG2@3,0)
Cell L3:
=IF(ID2.SG1@3<ID3.SG1@3,ID1.SG1@3,0)
where ID2 and ID3 are the MAs, and ID1 is the Donchian Channel. Edit as needed.

Wow, I can't thank you enough for taking the time to put this together for me. It works like a charm.

Reply With Quote

Reply



futures io > > > > Can this be Done ?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Brett Steenbarger: Current Best Practices of Best Traders

Elite only

CME Group: Futures & Bitcoin

Elite only

Ran Aroussi: TBA [special time 11AM ET]

Elite only
     


All times are GMT -4. The time now is 06:57 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
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.
no new posts
Page generated 2018-02-22 in 0.09 seconds with 19 queries on phoenix via your IP 54.221.131.67