Re: Strategy ELA help

["Stuart Lynskey" <slynskey@xxxxxxxxxxx>]

Hi Barry

Short answer is No - strategy deals simply with values - you must have the 
values on the same price scale to do any crossover statements.You
are seeing an optical illusion - T/S will rescale your indicator scaled to 
screen as new prices are received and thus produce different crossovers.

Rgds Stuart


From: "bkmk" <bkmk@xxxxxxxxxxxx>
To: "Omega-List" <omega-list@xxxxxxxxxx>
Subject: Strategy ELA help
Date: Tue, 4 Dec 2001 16:38:04 -0500

I have a chart in which I plot a stock in subgraph 1.  In subgraph 2, I
have 2 indicators plotted.  One is scaled the same as the symbol and one
is scaled to the screen.  The 2 indicators have different ranges (55-60
-same as the symbol and 4550-4700).  I would like to write a strategy in
which I buy when one indicator crosses over the other.  Can this be done
if they're scaled and range differently?  Just writing:

If Indicator1 crosses over Indicator2 then buy at open;

obviously doesn't work.

Thanks in advance.

Barry