Could be useful to add the possibility to add a multiplier to a instrument, when is added to a chart (insted of using the scale parameters). Supposing that you want to plot on the same chart the future on Gold (GC) and the ETF on Gold (GLD), even if the 2 data series are very similar you are unable to plot togheter. If it were possible to add a multiplier to the Instrument (ad example to plot the value of 10 units of GLD) could be possible compare the 2 instruments easily and use all the studies available without any scale change.
Regards,
Danilo
Feature request: Multiplier for Instrument on the same chart
- TJ
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Re: Feature request: Multiplier for Instrument on the same c
The beauty of EasyLanguage isCould be useful to add the possibility to add a multiplier to a instrument, when is added to a chart (insted of using the scale parameters). Supposing that you want to plot on the same chart the future on Gold (GC) and the ETF on Gold (GLD), even if the 2 data series are very similar you are unable to plot togheter. If it were possible to add a multiplier to the Instrument (ad example to plot the value of 10 units of GLD) could be possible compare the 2 instruments easily and use all the studies available without any scale change.
Regards,
Danilo
you can easily do this through an indicator...
You don't have to rely on the mercy of the charting program developer.
(also, the developer can't possibly predict every analysis you can imagine in the future.)
Here's how you add a multiplier factor to your price bars.
Code: Select all
// Multiplier
//
// this indicator adds a multiplier to the price bars
//
input:
Multiplier(10);
var:
high.x(0),
low.x(0),
open.x(0),
close.x(0);
high.x = high * multiplier;
low.x = low * multiplier;
open.x = open * multiplier;
close.x = close * multiplier;
plot10(high.x, "High.x");
plot20(low.x, "Low.x");
plot30(open.x, "Open.x");
plot40(close.x, "Close.x");
Under Style tab,
set the following Plot Types:
High.x set as Bar High
Low.x set as Bar Low
Open.x set as Left Tick
Close.x set as Right Tick
Re: Feature request: Multiplier for Instrument on the same c
Dear TJ
thanks for the suggestion. The reason why we prefer that this (simple) feature is added in MC is to avoid the need to change studies. Try to think of what you should do to add a study of MA or MACD etc... to the chart, it would be impossible to use them without changing the existing studies, while I have wrote:
I would also suggest again the implementation of the percentage chart (see the topic: http://www.multicharts.com/discussion/v ... tage+chart)
Regards,
Danilo
thanks for the suggestion. The reason why we prefer that this (simple) feature is added in MC is to avoid the need to change studies. Try to think of what you should do to add a study of MA or MACD etc... to the chart, it would be impossible to use them without changing the existing studies, while I have wrote:
Some time ago I asked to add the percentage chart in MC (that is availabe in TS and in a lot of other TA software). The issue is that if is implemented in "native" format you can use the existing studies without the necessity to adapt them."could be possible compare the 2 instruments easily and use all the studies available without any scale change"
I would also suggest again the implementation of the percentage chart (see the topic: http://www.multicharts.com/discussion/v ... tage+chart)
Regards,
Danilo
- Dave Masalov
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Re: Feature request: Multiplier for Instrument on the same c
Dear Danilo,
Your feature requests have been forwarded to the developers.
Your feature requests have been forwarded to the developers.