Contents:

In this module, multiple general examples will be used to demonstrate more advanced concepts. Only proceed to this module after finishing the Studies Guide. This guide is written assuming an intermediate level understanding of Sierra Chart.

To view the mini-guide on individual studies CLICK HERE

Color Bar When Condition is True

Example: Color the bar when the high of a bar goes above the top band of a bollinger deviation band.

• Open a chart
• Studies
• Add Bollinger Bands study
• Add Color Bar Based on Alert Condition study
  • Alternatively, can use Color Background Based on Alert Condition for coloring the background
• Open Study Settings for the Color Bar Based on Alert Condition study

The steps to set this up

1. Settings and Inputs tab:
   • Number of bars to calculate: As needed
   • Change additional settings as needed
2. Subgraphs tab:
   • Choose the color for coloring
   • Set the Draw style as needed. Default colors the bar but easily change this to a different draw style. Example: Diamond.
3. Alerts tab
   • Type a formula into the alert condition cell: