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Bill,
Lets discuss "file format" first. The format being mentioned is only
the Smart Chart. It has nothing to do with the data. The program will
create a "new" Smart Chart and basically it is telling you that this
Smart Chart will not be available to version 5.x. So, whenever you want
to view an existing Smart Chart in 6.0 just open it normally. No
conversion required.
The instructions on the web are correct.
((((Create a composite security of the Advancing Issues + Declining
Issues in The DownLoader
In MetaStock open a chart of the composite and a chart of the Advancing
Issues.
Tile the charts so you can see both of them on the screen.
Drag the plot of the composite into the chart of the Advancing Issues.
[added by Equis Support "You may want to create a new inner window for
ease of viewing"]
Create the custom indicator: mov( C / P, 10, S ), then plot it on top of
the plot of the composite (the composite's plot will turn a purplish
color ). If you get a flat line then it was not plotted directly on top
of the composite's plot.
You can then right-click on the Breadth Thrust, select Breadth Thrust
Properties, go to the Horizontal Lines page and add horizontal lines at
40 and 60. ))))
I think I now understand what you are having a problem with. I added a
few words to the web instructions and reiterate them here. When you
drag the plot of the composite into the chart of the advances, I suggest
you create an inner window for it. Then, when you drop the Breath
Thrust formula on the composite plot (indicator) it is easy to see it
change colors and the Breath thrust plot will be in the window with the
composite and becomes quite obvious.
If you want to show all three plots in the same inner window, I suggest
you change the color of the composite so that it shows up since it will
likely be a very close plot to the advances itself. Then when you drop
the Breath Thrust custom indicator be very careful that the composite
changes colors to purple. The custom plot will become obvious (overlay
without scale).
I hope this helps.
Equis Support
> -----Original Message-----
> From: billblue [SMTP:billblue@xxxxxxxxxxx]
> Sent: Friday, May 16, 1997 7:47 AM
> To: metastock-list@xxxxxxxxxxxxx
> Subject: Breadth Thrust--Reply to Equis Support
>
> If the formula is drawing a flat line, then you are dropping it on the
> advances, and not the composite itself which in this case is
> considered
> P. I just plotted per the instructions again and they are correct as
> written.
>
> After you drag the advancing issues line into the composite chart,
> select it so that it has handles. Then when you drop the formula, you
> can watch for the line with the handles to turn colors.
>
> Equis Support
> -------------
> -------------
> I tried the instructions again and still received a horizontal line.
> In
> fact if I dropped the indicator on first the composite and then the
> advances I received a horizontal line for each but with different
> values.
> I noticed that you said that the Advancing Issues should be dragged
> into
> the composite. The instructions indicate the opposite, drag the
> Composite into the Advances Issues chart. When I tried your suggestion
> of dragging the Advancing Issues into the composite, I still received
> a
> horizontal line when I dropped the indicator on to the composite, but
> this makes sense. However, when I dropped the indicator on to the
> Advancing Issues plot I did get a varying indicator. This indicator
> was
> the opposite(Composite/Advancing) from what was
> desired(Advancing/Composite). If I change the indicator to
> mov(P/C,10,S)
> and drop it onto the Advancing Issues, which has been dragged onto the
> composite, I seem to get a proper chart.
> I tried to use this method with other charts; open Declining Issues
> and
> then Advancing Issues and dragging one on to the other and then
> applied
> the Breadth Thrust indicator but the indicator again plotted as a
> horizontal line. When I opened the Declining Issues chart the program
> told me that the chart was in MS 5.0 format. When I had created the
> composite chart I don't recall being prompted about the file format so
> I
> wonder if part of the problem has to do with combining file formats. A
> more important issue regarding file format is how to convert large
> numbers of charts stored in MS 5.0 to MS 6.0. I have copied large
> quantities of files from my Reuters CD to my hard drive. All of these
> are in MS 5.0 format. Is there a way to convert these charts to MS 6.0
> without individually opening each chart. Can the downloader convert
> from
> one type of MS file to another?
> Thanks, Bill
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