From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of Dan Clark
Sent: Sunday, August 14, 2005 1:12
AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Ticker Symbol
Length Issues
Hi,
I’ve discovered the joys of Composite symbols.
However…
I ran into what appears to be a serious issue when creating
Composite symbols – ticker symbol length. It appears that the maximum
length for a ticker symbol is 25 characters.
When creating Composite symbols, you append or prepend a
character string to differentiate types of Composite symbols. If the
first 25 characters of a Composite symbol are exactly the same, the excess
characters are truncated and values are merged to one symbol. The symbol
is then corrupt.
For example, I create QP Industry Composite indexes of my
stock list, and then create an “Indicator” Composite symbol of each Industry
Index symbol. Here’s how the error occurs:
· QP has two
Industries:
Aerospace-Defense
Aerospace-Defense Eqp
· Composite
Industry indexes are created by prepending “~iInd_” to the industry name:
~iInd_Aerospace-Defense
~iInd_Aerospace-Defense E
Notice that “qp” is truncated from
the second industry.
· Then
Composite Indicator symbols are created by prepending “Rk” to the Industry
Index symbols:
“Rk~iInd_Aerospace-Defense”
However, instead of two Composite
Indicator symbols, only ONE is created! Since the left 25 characters of
the Indicator Composite symbol (“Rk” + Industry Index symbol name) are same for
both Industries, values from the two Industry Index symbols are merged to one
Indicator Symbol!
Composite Indexes and Indicator symbols are a HUGE
benefit. Composite Indicator symbols allow me to preprocess and save
Indicators like RSI, and then use them like a normal ticker.
Before, my scans and charts computed Sector and Industry Rank on the fly, which
was SLOW! Now, with Sector and Industry Composite Rank symbols, scans and
charts are at least 3 times faster!
How can I get around this character length limitation?
Tweaking symbol names might work for a while, but at some point the
symbol names will become meaningless. Can I increase the Symbol
length? Tomasz, can you increase Symbol length?
Thanks and regards,
Dan.
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