I have a layout containing 4 small charts, fitting on one monitor. I use this layout to view groups of 4 stocks that are related to one another. Using the layout in this way, I can see all 4 related stock charts at one time.
I have developed a series of 4-stock group symbol lists to use in this visual analysis.
I often need to switch from viewing one 4-stock group to another. Right now I am just manually typing in one new stock symbol for each of the 4 individual charts to complete switching the view to the next group of stocks.
Is there a way to update all 4 charts, each chart displaying its own unique new symbol, all at one time? I don't see a way that a watchlist does this, the WLists seem to do only one item at a time. Thanks.
|
Is sorting and scanning on Relative Strength vs Symbol something that is on the list to develop in future TC2000 versions?
|
Hi Bruce, I managed to move beyond my previous post after reviewing many of the other Relative Strength threads on the Forum.
My problem was, I wasn't using the Change Data Source option for the indicator. After I did that, everything calculated correctly.
Now my inquiry shifts to sorting/scanning. There are lots of posts and threads about this, so I realize that TC2000 does not support sorts or scans using the Relative Strength indicator or any child indicators based on the Relative Strength indicator.
Can you help me in figuring out what I can use to approximate the Relative Strength indicator output that would be supported for scanning?
You have mentioned some kind of manual process involving PCFs, but I haven't fully understood it, maybe you could explain how that would work.
I don't think the other Relative Strength (1 Yr vs SP500) indicator would work, the output is just way too different from the basic RS indicator
Any ideas on how to approximate the RS indicator to allow scanning would be greatly appreciated..
|
Hi Bruce, I am having problems in plotting a 120 period Stochastic of the Relative Strength indicator. This is the Relative strength vs [anthor symbol] indicator that is in question, not RSI.
When I apply the 120 period stochastic to the Relative Strength indicator, it plots the 120 period stochastic of the base price series.
For example, I did this on a daily chart of INTC. Panel1 is daily INTC. Panel2 is 120 period stochastic of INTC. Panel3 is Relative Strength of INTC vs SP-500. Also in Panel3, plot the 120 period stochastic of Relative strength indicator.
Now compare the two 120 period stochastic plots. They should be very different from one another. When I do this, both stochastic plots are identical, which to me means that TC200 is using the base price series for both stochastic calculations.
Does the Relative Strength vs SPY indicator not permit itself to be used as a Parent indicator in an indicator-on-indicator calculation?
Thanks
|