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Hi, again, Leo,
By the way, if you build your indicators thoughtfully, incorporating them
into your ultimate system test will be very straightforward (i.e. easy).
Again, by the way, I am relatively new to this group also (not to MetaStock
though) and I have never seen a group of more helpful and talented people
willing to assist so willingly. Just watching the correspondence has
provoked many new ideas and taught me things about MetaStock that may never
have occurred to me otherwise. You 'gurus" here in the group know who you
are and I just wanted to thank you all.
Best,
Larry Carhartt
Index & ETF Component Data
www.MasterDATA.com
lc@xxxxxxxxxxxxxx
818-701-6686
-----Original Message-----
From: leomkarl [mailto:leokarl@xxxxxxxxxxxxxx]
Sent: Monday, September 06, 2004 4:19 PM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group] Comparing multiple issues by percentage
I'm new to metastock and would appreciate assistance on how to
approach the following:
How can I display several stocks on a single chart such that the
relative movement of each stock is shown as relative percentage rise
or fall rather than absolute price. In other words, the horzontial
axis would be time, while the vertical axis would be percentage
movement from the left most point on the chart.
My thought is to show relative performance of multiple issues on a
single chart, and, to be able to change the presentation from day to
day without having a complex rebuilding process. It's an effort to
follow sectors (ETFs) and determine the best and worst performers
over time.
If I should succeed in developing a workable method, I would then be
interested in how to go about running a system test --- but, first
things first.
Thanks, Leo
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