PureBytes Links
Trading Reference Links
|
Hi Joe
I also struggled with this, however I eventually found there is a
very simple solution where you create a composite symbol. See my
example below for a Dow-Gold ratio:
OpenDowGLD = Foreign("^DJI","Open") / Foreign("GLD","Open");
HighDowGLD = Foreign("^DJI","High") / Foreign("GLD","High");
LowDowGLD = Foreign("^DJI","Low") / Foreign("GLD","Low");
CloseDowGLD = Foreign("^DJI","Close") / Foreign("GLD","Close");
AddToComposite( OpenDowGLD, "~Dow-GLD", "O", 1 + 2 + 8 + 16 );
AddToComposite( HighDowGLD, "~Dow-GLD", "H", 1 + 2 + 8 + 16 );
AddToComposite( LowDowGLD, "~Dow-GLD", "L", 1 + 2 + 8 + 16 );
AddToComposite( CloseDowGLD, "~Dow-GLD", "C", 1 + 2 + 8 + 16 );
Buy=Sell=Short=Cover=0;
Filter=1;
The tickers are based from Yahoo data - you simply view the symbol
~Dow-GLD
An alternative if you want to create a chart that displays alongside
your current symbol is to create an andicator like this:
ticker = ParamStr( "Ticker", "GLD" );
OpenSpread = Open / Foreign(ticker,"Open");
HighSpread = High / Foreign(ticker,"High");
LowSpread = Low / Foreign(ticker,"Low");
CloseSpread = Close / Foreign(ticker,"Close");
PlotOHLC( OpenSpread, HighSpread, LowSpread, CloseSpread, FullName()
+"-"+ticker+" Spread", colorBlack, styleCandle );
Hope that helps
--- In amibroker@xxxxxxxxxxxxxxx, "venturerider2" <venturerider2@xxx>
wrote:
>
> I'm new using AB. I'd like to be able to chart a spread of two
stock
> symbols and I'd like the chart to be a candlestick price chart ?
just
> as if I was looking at the price chart of a single security. So,
for
> example, if I were plotting a capital balanced equity spread in
Coke
> and Pepsi, I need to be able to plot it on a capital balanced ratio
> (120 shares of Coke minus 100 shares of Pepsi). In Esignal this is
> accomplished by creating a custom spread symbol, which in this case
> would be "1.2KO ? PEP".
>
> I plotted a spread in AB using the Foreign function: spread =
Foreign
> ( "ticker1", "C") - Foreign( "ticker2", "C");
> Plot( spread, "spread", colorRed);
>
> However, this does not give me a true price plot with OHLC
> candlesticks. It plots it like an indicator ? as a line. Ideally,
I
> do not want to create an indicator. Ideally, like in eSignal, I
want
> to create a custom symbol, which corresponds to a custom price
plot ?
> this price plot being the ratio adjusted difference between two
> stocks, as described above. Then I would like to be able to apply
> all of the various indicators (MA's, RSI, CCI, MACD, etc.) to that
> custom price plot.
>
> I covered the AFL Library, UKB, Yahoo Users Group and AB manuals.
I
> cannot find any information on this. If you can point me in the
> right direction I would greatly appreciate it. Thanks.
>
> -Joe
>
------------------------------------
**** IMPORTANT ****
This group is for the discussion between users only.
This is *NOT* technical support channel.
*********************
TO GET TECHNICAL SUPPORT from AmiBroker please send an e-mail directly to
SUPPORT {at} amibroker.com
*********************
For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/
For other support material please check also:
http://www.amibroker.com/support.html
*********************************
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/amibroker/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:amibroker-digest@xxxxxxxxxxxxxxx
mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|