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Re: [amibroker] Relative Strength Plots vs. Telechart Industry and Subindustry Composites



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--- johngalt0714 <johngalt0714@xxxxxxxxx> wrote:

> Here's some simple code for Telechart users who may want to plot 
> relative strength versus the industry (sector) and subindustry 
> (industry) composites in the same chart pane. This assumes that you 
> have the relative strength base defined for each Telechart subindustry 
> (Amibroker industry) in the Amibroker categories dialog and that the 
> higher-level category (market and group) bases are blank.
> 
> If anyone has an idea how to define these bases without requiring that 
> the higher level bases are blank, it would make the code a bit more 
> versatile.
> 

Here is a different approach. Produce a snapshot of some
data fields of Telechart then use a plugin to read the
fields required. I can release the former (probably need
Worden permission first) and the plugin to those interested.

I have attached an example output using yahoo.
Here is what the afl(modified version of what you posted)
looks like: 

if ((tmp = MCgetdata("IntGrp", "", 0))>0) {
    _N(s_tc_industry = StrFormat("MG%03g", tmp));
    if ((tmp = MCgetdata("SubIntGrp", "", 0))>0) {
        _N(s_tc_subindustry = StrFormat("MG%03g", tmp));

        IndustryBase = s_tc_industry; 
        Plot(Prec(RelStrength (IndustryBase),2), 
            " Industry: " + IndustryID(1) + 
            "  (" + IndustryBase + ")",
            colorBlack, styleDots|styleThick);

        SectorBase = s_tc_subindustry; 
        Plot(Prec(RelStrength (SectorBase),2), 
            " Sector: " + SectorID(1) + 
            "  (" + SectorBase + ")", 
            colorGrey40, styleDots|styleThick|styleOwnScale);
    }
}

> Hope it is of help to someone.
> 
> //////////////////////////////////////////////////////////////
> 
> [original afl code]

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