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I am relatively new to looping and I am trying to create composites
for small, mid, and large cap composites with their underlying
sectors. For example, take utilities, I am trying to create small,
mid, and large cap composites for the utility sector. When I run
this code I get two composites for each style, i.e. 2 for small cap,
2 for mid cap, and 2 for large cap and I have no idea why - I am
trying to get one of each not 2. I was hoping someone could shed
some light on why this may be happening. The code is as follows:
MarketCap = round(Close[BarCount -1] * GetExtraData("shares")/1000);
small = Marketcap < 3000;
mid = Marketcap >=3000 AND Marketcap < 9000;
Large = Marketcap >=9000;
function MarketCapGet()
{
CurDatabase = GetDatabaseName();
if(CurDatabase == "QP3")
{
MarketCap = round(Close[BarCount -1] * GetExtraData
("shares")/1000);
}
else
{
MarketCap = 666; //indicating N/A
}
return MarketCap ;
}
function MarketCapCategoryGet(MarketCap)
{
CurDatabase = GetDatabaseName();
if(CurDatabase == "QP3")
{
if (MarketCap < 3000)
MarketCapCategory= "Small";
else
{
if (MarketCap >= 3000 AND MarketCap < 9000)
MarketCapCategory= "Mid";
else
MarketCapCategory= "Large";
}
}
else
{
MarketCapCategory= "N/A"; //indicating N/A
}
return MarketCapCategory;
}
mktcaplarge = "~" + "LC_" + SectorID(1) + Large;
mktcapSC = "~" + "SC_"+ SectorID(1) + small;
mktcapmid = "~" + "MC_" + SectorID(1) + mid;
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