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Is there a way to specify the price of a particular symbol in the custom indicator formula? Rate this Topic:
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sttstt
Posted : Thursday, May 4, 2006 2:55:38 AM
Registered User
Joined: 10/7/2004
Posts: 39
Hi,

I'd like to plot a set of ratio of two symbols, for example gld vs uso, using custom indicators. I know I can use the relative strength to achieve that. But I want to display a set of predefined ratios, e.g. spx/dia, iwm/iws, qqqq/dia, etc. on the same chart without changing the symbol. Is there a way to do that?

Thanks.
Craig_S
Posted : Thursday, May 4, 2006 6:41:36 AM


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Joined: 10/1/2004
Posts: 18,819
There is no way to do this without manually filling in the values on a daily basis. We cannot reference specific tickers in the PCF language.

- Craig
Here to Help!
bustermu
Posted : Thursday, May 4, 2006 8:29:05 AM
Registered User
Joined: 1/1/2005
Posts: 2,645
sttstt,

By "There is no way to do this without manually filling in the values on a daily basis." is meant that you have to update the PCF each new day by putting in the current ratio of the closes.

You must be willing to update the PCF in that fashion in order to accomplish what you want.

Thanks,
Jim Murphy
sttstt
Posted : Thursday, May 4, 2006 5:29:36 PM
Registered User
Joined: 10/7/2004
Posts: 39
I didn't think it could be done with TC. I threw in the quesiton hoping that I might get lucky. Thanks guys.
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