Hi,
In Metastock, we can plot a Composite that consists of two securities (or tickers), A and B, say 2A-3B. Eventually, you can plot a candlestick (or other type) chart with this Composite. You can also plot indicators with this Composite just like what you can do with a symbol.
Is it possible to do it in MC?
Regards,
Sa
Plot Composite Index ?? [SOLVED]
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TJ
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Re: Plot Composite Index ??
Hi, I am looking to do the same thing, but the link to the solution is dead. Is there a replacement link? thanks!
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TJ
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Re: Plot Composite Index ??
You can use the indicator "Spread - Diff".Hi, I am looking to do the same thing, but the link to the solution is dead. Is there a replacement link? thanks!
Re: Plot Composite Index ??
Thanks! but that only uses two symbols.
I would like the plot my own index, using 100 stocks with different weightings. For example, MyIndex =.25 * AAPL(close) + .50 * IBM(close) + .25 * GOOG(close)
Any ideas would be appreciated!
I would like the plot my own index, using 100 stocks with different weightings. For example, MyIndex =.25 * AAPL(close) + .50 * IBM(close) + .25 * GOOG(close)
Any ideas would be appreciated!
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TJ
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Re: Plot Composite Index ??
1. Load the 100 stocks into your chart as 100 data serieses.Thanks! but that only uses two symbols.
I would like the plot my own index, using 100 stocks with different weightings. For example, MyIndex =.25 * AAPL(close) + .50 * IBM(close) + .25 * GOOG(close)
Any ideas would be appreciated!
2. create an indicator with 100 data.
use this:
Code: Select all
var:
MyIndex(0),
aapl(0), ibm(0)....etc., ;
aapl = close data1;
ibm = close data2;
...etc.,
MyIndex =.25 * AAPL + .50 * IBM + .25 * GOOG... etc.,
Plot100(MyIndex, "MyIndex");Re: Plot Composite Index ??
Unfortunately Multicharts cannot handle more than say, 20 symbols. The chart window gets cluttered, and Hiding the data object does not help.
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Henry MultiСharts
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Re: Plot Composite Index ??
You need to have a big screen in order to see a lot of data series on the chart. If there is not enough space on your screen you can hide the status line and collapse data series or hide data series at all.Unfortunately Multicharts cannot handle more than say, 20 symbols. The chart window gets cluttered, and Hiding the data object does not help.