Sierra Chart-Range Bar Predictor
Sierra Chart-Range Bar Predictor
Sierra Chart-Range Bar Predictor
Sierra Chart
Financial Markets Charting and Trading Platform
Let Ht and Lt denote the High and Low Prices, respectively, at Index t. Let r denote the Setting
for the Range Bar (controlled via Chart >> Chart Settings >> Main Settings >> Setting ) and
let s denote the Tick Size.
(P ) (P )
We denote the Predicted High and Predicted Low Prices at Index t as H
t
(r, s) and L
t
(r, s) ,
respectively. These are calculated for the last chart bar only as follows.
(P )
H (r, s) = Lt + r ⋅ s
t
(P )
L (r, s) = Ht − r ⋅ s
t
Inputs
Spreadsheet
The spreadsheet below contains the formulas for this study in Spreadsheet format. Save this
Spreadsheet to the Data Files Folder.
Range_Bar_Predictor.235.scss