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When reviewing stocks, I'd like to plot their industry indices as an
indicator. In the industry graph, I tried to plot it bollinger bands
as well.
I used the following coding, but found out the BB lines and industry
index graph cound not be align properly. The reason seems to be
different scaling, as I can see the values of BB and index close are
correct.
baseIndustry = GetBaseIndex();
indClose = Foreign(baseIndustry, "Close");
bBot = BBandBot( indClose, 20, 2 );
bTop = BBandTop( indClose, 20, 2 );
Plot ( bBot, "BB Bot", colorBlue );
Plot ( bTop, "BB Top", colorBlue );
Plot (indClose, "Industry " + baseIndustry, colorRed);
PlotForeign( baseIndustry, "Industry " + baseIndustry, colorRed );
Any help is appreciated.
Charles
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