Simple question: how do I apply studies to studies in MCFX Basic?
For example, I'd like to place RSI on the MACD histogram, Bollinger bands on DPO, etc.
Thanks for any help.
Studies on studies in MCFX Basic
studies on studies
On the properties tab make sure which ever studies you want to put together are in the same subchart
Re: studies on studies
Thanks for the response, but I think I didn't express quite what it is I want to achieve.On the properties tab make sure which ever studies you want to put together are in the same subchart
If I place two studies together on the same subchart, I simply get two studies superimposed, based on one data source - for example I can display RSI and MACD in a single subchart, but the data source for each is (for example) GBPUSD. i.e. I have two curves superimposed on one axis:
RSI(GBPUSD) and MACD(GBPUSD).
What I need is to apply the RSI function to the output of MACD, i.e:
RSI[MACD(GBPUSD)]
To put it another way, I want to make MACD the Base Data for RSI.
With thanks.
Yosnappyj,
Please try to use the settings shown on the screenshot.
Please try to use the settings shown on the screenshot.
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Thanks - that works just fine.Yosnappyj,
Please try to use the settings shown on the screenshot.
In the same way, I'm trying to apply Bollinger bands to RSI, but currently without any luck.
I'm trying:
BOLLINGERBAND(RSI(close,13),25,2)
BOLLINGERBAND(RSI(close,13),25,-2)
but this returns various errors.
I haven't found the documentation that refers to combining functions in this way, and I think it's likely that I've misunderstood how the arguments should be presented. Could you point me to the relevant part of your documentation please?
Many thanks.