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Gary,
Here is a function that works with Watchlists.....( you did not state
whether your tickers are stored in a watchlist )....It returns the % of
stocks making new highs....
This is a first draft....I have not applied the new Timeframe functions....
Load into Indicator builder...
/* note: if given watch list contains lots of symbols
** performance may be poor
*/
Wlist=Param("WatchListNum",0,0,63,1);
function CreatePercentofStocksNewHigh( listnum )
{
// retrive comma-separated list of symbols in watch list
list = GetCategorySymbols( categoryWatchlist, listnum );
NewHigh = 0; // just in case there are no watch list members
for( i = 0; ( sym = StrExtract( list, i ) ) != ""; i++ )
{
f = Foreign( sym, "h" ) > Ref(HHV(Foreign( sym, "h" ),150),-1) ;
if( i == 0 ) NewHigh = f;
else NewHigh = NewHigh + f;
}
return (Newhigh / i)*100; // divide by number of components
}
Plot( CreatePercentofStocksNewHigh( Wlist ), "% of Stocks making New High",
colorGreen );
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