Note: The most important factors to know are 1) What is the data “Based On” and 2) Which Chart Region is it located? More on this HERE

Make sure to view the mini-guide for common Sierra Chart studies HERE

Contents:

Basics of a Study and Adding Study to Chart

A chart does not come with studies applied. To begin:

• Open a new chart and load a symbol
• SC Menu: Analysis > Studies (alternatively, press F4, or add a Studies button to control bar).

• Select any study from the left column, and then press Add>>

• Select the study (I used Standard Deviation Bands) and click Settings

  • See Image (Press Arrow)

• TWO MAIN VALUES CRITICAL FOR UNDERSTANDING STUDIES ARE THESE TWO:

  1. Based On. Default is Main Price Graph. However when you want to apply a certain study to data other than price, change the Based On value to another study.

  Example: Apply a moving average study to a graph, and change Based On to another study. This will calculate the moving average of another study. This is how Sierra Chart know what existing studies to apply the current study to.

  1. Chart Region. Chart region 1 is the top area of a charting graph. By default, this is the primary location for price data. To apply a study to the primary chart region of 1, the value must be set to 1. Max 12 regions per graph.

     Multiple studies can be applied to the same chart region.

     Note: If user is facing issues with where studies are drawn, then check which Chart Region each study is drawn to.

Outline of Subgraphs