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John:
in the downloader, go to file, new, composite.
this opens a window wherein you create a security comprised of two
securities.
you may divide one by another, subtract, etc. check it out.
its a good tool for intermarket analysis. eg: divide the SnP by the ND100
and look for support/resistance/divergance, compared with behavior of the
indices themselves. interesting stuff.
regards,
kevin
----- Original Message -----
From: "John Adair" <xjadair@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Friday, July 27, 2001 2:26 PM
Subject: RE: Advance Decline Line
> By composite do you mean a large number of stocks.
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of John Manasco
> Sent: Friday, July 27, 2001 1:22 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Advance Decline Line
>
> {To display the Advance Decline Line, create a composite security in The
> DownLoader of Advancing Issues minus Declining Issues. Open a chart of
the
> composite and plot this formula}
>
> Cum(CLOSE)
>
> ----- Original Message -----
> From: "j seed" <jseed_10@xxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Friday, July 27, 2001 1:06 PM
> Subject: Advance Decline Line
>
>
> > All,
> >
> >
> > Would someone be so kind as to share their method of producing an
Advance
> > Decline Line in Metastock. Thanks in advance,
> >
> > J
> >
> > _________________________________________________________________
> > Get your FREE download of MSN Explorer at
http://explorer.msn.com/intl.asp
> >
> >
>
>
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