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Sierra Chart-Range Bar Predictor

This document provides information about the Range Bar Predictor technical study in Sierra Chart, a financial markets charting and trading platform. The study calculates and displays the projected high and low for different types of range bars. It determines the predicted high and low prices for the last chart bar based on the current high and low, the range bar setting, and tick size. The study has no inputs and its formulas are provided in a spreadsheet file that can be opened within Sierra Chart.

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luca pilotti
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0% found this document useful (0 votes)
237 views2 pages

Sierra Chart-Range Bar Predictor

This document provides information about the Range Bar Predictor technical study in Sierra Chart, a financial markets charting and trading platform. The study calculates and displays the projected high and low for different types of range bars. It determines the predicted high and low prices for the last chart bar based on the current high and low, the range bar setting, and tick size. The study has no inputs and its formulas are provided in a spreadsheet file that can be opened within Sierra Chart.

Uploaded by

luca pilotti
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Sierra Chart
Financial Markets Charting and Trading Platform

Main ▾ Documentation ▾ Getting Started ▾ Account Management ▾ Support ▾

Home >> (Table of


Contents) Studies and
Indicators >> SC Account Name Login Login Page - Create Account
Technical Studies
Reference >> Range Bar Predictor

Technical Studies Reference


Technical Studies Reference

Common Study Inputs (Opens a new page)

Using Studies (Opens a new page)

Range Bar Predictor


This study calculates and displays the projected High and Low for Range Bars. The Range Bar types
are selected via Chart >> Chart Settings >> Main Settings >> Bar Period Type . The Renko
Bar types are listed below. They can only be used on Intraday Charts.

Range Per Bar - Standard (in ticks)

Range Per Bar - New Bar on Range Met (in ticks)

Range Per Bar - True (in ticks)

Range Per Bar - Fill Gaps (in ticks)

Range Per Bar - Open=Close (in ticks)

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

This study has no Inputs.

Spreadsheet

The spreadsheet below contains the formulas for this study in Spreadsheet format. Save this
Spreadsheet to the Data Files Folder.

Open it through File >> Open Spreadsheet .

Range_Bar_Predictor.235.scss

*Last modified Monday, 03rd October, 2022.

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