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Registered User Joined: 11/21/2005 Posts: 30
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Using Telechart or Blocks, can I create a line chart containing multiple stocks/indices overlayed in the same chart, which plot the percent of price change ? The objective is to compare their relative strangth.
Thanks, RG
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Administration
Joined: 9/30/2004 Posts: 9,187
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You can add the indicator Symbol RS vs Symbol to your chart multiple times and then copy the plots to one pane. You'll need to right click on each plot after copying them and set them to Scale With the original plot so you're comparing apples to apples.
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Registered User Joined: 11/21/2005 Posts: 30
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Are referring to telechart ?
Many thanks, RG
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Administration
Joined: 9/30/2004 Posts: 9,187
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Sorry, no. Didn't realize which forum this was posted in.
You can use the $100 Scale feature by clicking Chart Template | $100 Scale (or by pressing CTRL-H). You can enter up to 3 Comparison Symbols.
This changes the scaling of the chart to reflect the performance of a $100 investment in each symbol over the period of time displayed on the chart.
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Registered User Joined: 11/21/2005 Posts: 30
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Is there a way I can plot 5 to10 percent of change line graphs on the same chart ?
Similar to 'Perf Charts' (Stockcharts.com).
Thanks, RG
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Administration
Joined: 9/30/2004 Posts: 9,187
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Not in TeleChart, no.
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Registered User Joined: 1/1/2005 Posts: 2,645
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QUOTE (rgreene) Is there a way I can plot 5 to10 percent of change line graphs on the same chart ?
Similar to 'Perf Charts' (Stockcharts.com).
Thanks, RG
RG,
If you are referring to horizontal gridlines in PerfCharts, they are also present for the $100 Scale in TeleChart. Please notice that you have to mentally subtract 100 from the scale in TeleChart in order to agree with the scale of the PerfCharts.
If a gridline you desire is not present in $100 Scale, I suggest you adjust the position of the horizontal line associated with the pointer to serve as a substitute. For example, if you want a 5% line and it is not present as a gridline, adjust the horizontal line associated with the pointer to 105 and it will serve the purpose.
If you are referring to a 5% or 10% increase per annum line graph, then plot FX5 or FX10 as one of the $100 Comparison Symbols,
Thanks,
Jim Murphy
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Registered User Joined: 11/10/2007 Posts: 39
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It does not work like StockChart's PerChart. The idea is to compare percent of change of multple symbols's price.
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