| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 2/27/2005
Posts: 59
|
When I enter C'1/1/04' into an indicator I would expect to see a horizontal line. Instead I get a curve that doesn't match the price curve and has values that have no meaning to me. Any idea what is going on.
The reason I'm testing this is that I entered the formulat C/C'1/1/04' and that curve was meaningless too. So I broke out the date certain portion to see how it functioned by itself.
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
Custom Indicators convert a the date based historical reference into an integer based days ago parameter. That days ago parameter is then used during all calculations. I do not know of a practical automated method for fixing this days ago parameter to a specific date instead.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 2/27/2005
Posts: 59
|
OK. Thanks. Then let me ask a simple question. How would I graph the % gain from a fixed point for a chart and have that graph change as I cycle through a series of stocks. If I enter a fixed denominator then I get wild ranges depending on the stocks price. The best denominator would be the stock's price at some fixed point in time.
So the quesiton is really a simple idea...namely a chart of the percentage gain. I don't want a relative strength comparison to an idex.
|
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
I don't know of a practical automated method for doing this at all using TeleChart (it can be done using Blocks however). We can chart a Percent Change over a specific period of Time (for example a 1-Year Price Percent Change):
100 * C / C252 - 100
But I do not know of a way to do this versus a fixed point in time.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
|
Registered User
Joined: 9/30/2006
Posts: 34
|
2 topics to explore in telechart are :-
1) $100 Scale
2) Custom date sort.
Goto telechart help topics and click on the index tab
|
|
Registered User
Joined: 2/27/2005
Posts: 59
|
Thanks for the suggestions. Actually $100 scaling is a fair approximation of what I'm trying to achieve. It will have to do for now.
|
|
|
Guest-1 |