Defining Range / Implied Defining Range

This chartbook and spreadsheet file will draw the Defining Range (DR) and the Implied Defining Range (IDR).  It uses two  instances of the High/Low  For Time Period study as a basis, then  the spreadsheet formulas calculate all of the other lines and shading.

These user options are on the spreadsheet in column H:
- DR start and end times. 
These must match the times set in both High/Low For Time Period studies.
The times need to be the same in all 3  locations.

- Use IDR direction coloring.
When set to 0, the shading is gray.
When set to 1, the shading is based on the DR Open and Close.

- Display IDR extension lines. 
When set to 0, there are no extension lines.
When set to 1, 20 extension lines are drawn, 10 above and 10 below.

-  Display DR-IDR shading.
When set to 0,  there is no shading between the DR-IDR extension lines.
When set to 1, shading occurs   between the DR-IDR extension lines.

Note: When changing these settings, please do a Chart >> Recalculate.

Click on each of these links to download:
DR-IDR SS.cht
DR-IDR ss.scss
and put both files in your Sierra Chart \Data folder. 

You must download both files so that the spreadsheet study uses the correct settings.