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To group:
I am trying to compare AAPL to QQQQ over the last 260 trading days.
Everything works except that I get an error with variable 'x' when
trying to return the closing price for QQQQ 260 days ago. Can someone
correct the coding for variable 'x'?
// CURRENT SYMBOL
a = Ref(Close, -260); // closing price one year ago
b = Close; // current price
perf = b / a; // Performance = current price divided by the current
price one year ago
// FOREIGN SYMBOL
x = Foreign("QQQQ", Ref(Close, -260)); // closing price of QQQQ one year ago
y = Foreign("QQQQ", "Close"); // current price for QQQQ
perf_foreign = y / x ; // Performance = current price of QQQQ divided by
price of QQQQ one year ago
// RELATIVE PRICE COMPARATIVE
rpc = perf / perf_foreign ; // compares the current symbol to the QQQQ's
// PLOT RESULTS
Plot(perf, "ticker", colorDarkGreen, 1); // plot current symbol performance
Plot(perf_foreign, "QQQQ", colorRed, 1); // plot performance of QQQQ
Plot(rpc, "Rel_Price_Comp", colorBlack, 32); // plot Relative Price
Comparative
Alan-
<http://www.eset.com>
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