SawtoothTrade
Return the value at previous occurrences
Click on each link above to download.
Put both files in your Sierra Chart \Data folder, then open the chartbook.
This chartbook/spreadsheet study will return the price of the previous 6 Zigzag legs, and the value of an EMA at the previous 6 Zigzag legs. The Zigzag study is used only as an example of a study that has irregular occurrences of a value change, but the concept could be applied to other studies. The spreadsheet formulas are mostly for example, since the study is not that useful for a single purpose.
You may need to change the symbol to one your broker uses.
On the spreadsheet:
-Cells H3-H8 contain the price at the previous 6 Zigzag turns.
-Cells I3-I8 contain the value of an EMA at the previous 6 Zigzag turns.
This is just an example of what you might want to do.
-Column K shows the price at the previous Zigzag turn.
-Column L shows the value of an EMA at the previous Zigzag turn.
-Column Z shows a 1 when the Zigzag turns, else 0.
-Columns Y-T show the relative row of the previous respective Zigzag turns, as labeled in cells Y2-T2.