trading

Bar close on top/bottom third (Sierra Chart)

Sierra Chart’s Color Bar Based on Alert Condition study is a powerful little tool we can use for setting up all kinds of chart indicators on a bar-by-bar level. In this example, I want to print a small dot above bars that are closing within their top third, and below bars closing within the bottom third. Add the study to the chart, then go to settings. Those are the input values we are interested in:

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