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Custom Indicator in Telechart Rate this Topic:
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1poobah
Posted : Thursday, September 1, 2011 11:07:40 PM
Registered User
Joined: 12/22/2009
Posts: 8
Bruce,
Is it possible to plot a line indicator in Telechart 2007 for one stock symbol divided by another? Ex.- A utility stock divided by a small cap stock, and then have that historical ratio displayed as a line?
Thanks, Tom
Bruce_L
Posted : Friday, September 2, 2011 8:18:17 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
The only automated method I know of to do this in TeleChart 2007 is to add a Relative Strength Indicator to the chart and set the Active Symbol to the numerator symbol and the Comparison Symbol to the denominator symbol.

-Bruce
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1poobah
Posted : Friday, September 2, 2011 10:04:59 AM
Registered User
Joined: 12/22/2009
Posts: 8
Thanks Bruce....much appreciated.
Tom
Bruce_L
Posted : Friday, September 2, 2011 10:06:41 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You're welcome.

-Bruce
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