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creating an indicator using the nasdaq composite / nyse Rate this Topic:
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mbs85743
Posted : Tuesday, August 9, 2005 11:41:22 PM
Registered User
Joined: 11/27/2004
Posts: 12
I am trying to create an indicator line where the nasdaq is divided by the nyse, and make it into an oscillator. Is this a reasonable request? Can anyone help me with this?

Thanks
Mike
Doug_H
Posted : Wednesday, August 10, 2005 12:08:15 AM


Worden Trainer

Joined: 10/1/2004
Posts: 4,308
This is not possible in TeleChart's PCF language. You can't use tickers in a PCF. You might be interested in some of the Worden Market Indicators (the T2's). You can read about them by looking in the help file under T2. They are all included in the watchlist called All Worden Market Indicators.

- Doug
Teaching Online!
Craig_S
Posted : Wednesday, August 10, 2005 5:28:35 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
You can do this by creating a relative strength line (one of the built-in indictators). Jump to COMPQX and plot a relative strength line and use the ticker NYSE as the comparison symbol. This will plot the COMPQX divided by the NYSE (but only when COMPQX is your ACTIVE SYMBOL).

- Craig
Here to Help!
mbs85743
Posted : Wednesday, August 10, 2005 5:54:59 PM
Registered User
Joined: 11/27/2004
Posts: 12
Thanks Craig for the idea. I will try that.

Mike
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