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Chart Ratio

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jesmail
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Username: jesmail

Post Number: 1
Registered: 01-2008

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Sunday, January 27, 2008 - 03:06 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Could not see how to do this but would like to be able to chart the ratio of two index's although some might want to ratio stocks.

Regards;
Jim...


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sway
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Username: sway

Post Number: 118
Registered: 12-2005

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Tuesday, January 29, 2008 - 08:26 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Jim
1. Turn on the "Indicator" panel
2. Select "Price Ratio"
3. Select the Stock or Index you want as the denominator in the ratio
4. Click the >> button to add the ratio to the display.
5. You have the option of applying the ratio to the entire project or just the one particular stock or index.
6. Note that the ratio is calculated according to the time period selected (ie the ratio of XYZ/ABC over 1yr will be different if you select 2 yrs period). However it is the trend which is more important than the absolute value.

I use this to display the Weinstein Relative Strength (which is the ratio of the current price to that of the underlying index ie XJO or SPX500 etc.

Any further questions, just ask.
Regards
Sway







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jesmail
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Wednesday, January 30, 2008 - 11:02 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Thanks I missed that!!

Works as advertised.

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