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[Metastockusers] Re: Percentage charts



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Try this:

==========================
Normalized price to 0~100%
==========================
---8<---------------------

{ ©Copyright 2004 Jose Silva }
{ For personal use only }
{ http://users.bigpond.com/prominex/pegasus.htm }

{ User input }
pds:=Input("Normalizing periods (none=0)",
 0,25200,252)+1;

{ Cummulative RoC }
x:=Cum(C/Ref(C,-1)-1)*100;

{ Normalize RoC }
y:=HHV(x,pds)-LLV(x,pds);
y:=If(y=0,.000001,y);
xNorm:=(x-LLV(x,pds))/y*100;
xNorm:=If(pds<2,x,xNorm);

{ Normalized-RoC Average }
avg:=Cum(xNorm)/Cum(IsDefined(xNorm));

{ Plot in own window }
If(pds<2,xNorm,avg);xNorm

---8<---------------------


jose '-)


--- In Metastockusers@xxxxxxxxxxxxxxx, Tony <TraderSeven@xxxx> wrote:
> Hello Metastockusers,
> 
> I want the replace the price on the chart display with a percentage.
> The lowest  price on the *visible* part of the chart should be 0%
> All other prices should be calculated relative to the '0% price'
> I'm reviewing a large number of charts for a 'first impression'
> One of the things I look at how large the average trends are.
> Now I just do that by calculating a percentage from the prices.
> What I requested above should roughly do the same.
> Any idea's how to do this?
> Or other ways with a similar effect?
> 
> -- 
> Best regards,
> TraderSeven





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