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Herman,
Isn't this because the NDX and QQQ indices show the
highest and lowest momentary values actually reached during the day, whereas the
composites are necessarily calculated as if all the components reached their
highs and lows simultaneously?
HHP
=============
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Herman vandenBergen
To: <A
href=""
title=amibroker@xxxxxxxxxxxxxxx>AmiBroker
Sent: 26 December, 2003 2:06 AM
Subject: [amibroker] A Composite problem
with High and Lows
<SPAN
class=270211809-26122003>Why do the Highs and Lows (Candle Shadows) in my
composites become useless?
<SPAN
class=270211809-26122003>
The NDX and QQQ
Candle plots have normal looking shadows... nice to work
with.
<SPAN
class=270211809-26122003>
However the Highs
and Lows in my Composites have lost all meaningful properties...Most shadows
in the composite extend up and down to about the same extend while this
is not the case with the NDX and QQQ.
<SPAN
class=270211809-26122003><SPAN
class=270211809-26122003><SPAN
class=270211809-26122003>
I want to perform
Candle Analysis on my Composites, how can I create composites with more
meaningfull Shadows, like they occur in the QQQ and NDX?
<SPAN
class=270211809-26122003>
<SPAN
class=270211809-26122003>herman
[Code used to
create the composite is at the bottom of this email]
<SPAN
class=270211809-26122003>
<SPAN
class=270211809-26122003>
<IMG
align=baseline alt="" border=0 hspace=0
src="jpg00398.jpg">
<SPAN
class=270211809-26122003>
<FONT
face=Arial>Buy<FONT
color=#000000>=Sell<FONT
color=#000000>=Short<FONT
color=#000000>=Cover<FONT
color=#000000>=0<FONT
size=2>; <FONT
color=#0000ff>AddToComposite(<FONT
color=#ff00ff>1,<FONT
color=#ff00ff>"~N100comp",<FONT
color=#ff00ff>"V"<FONT
color=#000000>); AddToComposite<FONT
color=#000000>(O<FONT
color=#000000>,"~N100comp"<FONT
color=#000000>,"O"<FONT
size=2>); <FONT
color=#0000ff>AddToComposite(<FONT
color=#ff0000>H,<FONT
color=#ff00ff>"~N100comp",<FONT
color=#ff00ff>"H"<FONT
color=#000000>); AddToComposite<FONT
color=#000000>(L<FONT
color=#000000>,"~N100comp"<FONT
color=#000000>,"L"<FONT
size=2>); <FONT
color=#0000ff>AddToComposite(<FONT
color=#ff0000>C,<FONT
color=#ff00ff>"~N100comp",<FONT
color=#ff00ff>"C");
<SPAN
class=270211809-26122003>
<FONT
face=Arial>SetForeign<FONT
color=#000000>(<FONT
color=#ff00ff>"~N100comp"<FONT
face=Arial>); <FONT
color=#0000ff>PlotOHLC(<FONT
color=#ff0000>O/<FONT
color=#ff0000>V,<FONT
color=#ff0000>H/<FONT
color=#ff0000>V,<FONT
color=#ff0000>L/<FONT
color=#ff0000>V,<FONT
color=#ff0000>C/<FONT
color=#ff0000>V,<FONT
color=#ff00ff>"N100comp",<FONT
color=#ff00ff>1,<FONT
color=#ff00ff>64);
<SPAN
class=270211809-26122003>
<SPAN
class=270211809-26122003> Send BUG
REPORTS to bugs@xxxxxxxxxxxxxSend SUGGESTIONS to
suggest@xxxxxxxxxxxxx-----------------------------------------Post
AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx (Web page: <A
href="">http://groups.yahoo.com/group/amiquote/messages/)--------------------------------------------Check
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Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
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To visit your group on the web, go to:http://groups.yahoo.com/group/amibroker/
To unsubscribe from this group, send an email to:amibroker-unsubscribe@xxxxxxxxxxxxxxx
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