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{To display the Arms Index, create two composite securities in The
DownLoader. One composite of Advancing issues divided by Declining
Issues and another composite of Advancing Volume divided by Declining
Volume. After creating these chart do the following steps:
1. Open charts of both composites.
2. Drag the plot of Adv Issues/Dec Issues and drop into the chart of Adv
Volume/Dec Volume.
3. Drag this custom indicator from the QuickList and drop it directly on
the Adv Issues/Dec Issues plot.
The resulting plot is the Arms Index.}
INDICATOR/CLOSE
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Here in Belgium I download the adv & decl by 2 tickers.
They look like as follows (example = OTC):
adv:
09/29/1997 2227.00 2227.00 2227.00 2227.00 3742100
09/30/1997 2391.00 2391.00 2391.00 2391.00 3413600
10/01/1997 2196.00 2196.00 2196.00 2196.00 4706700
decl:
09/29/1997 1999.00 1999.00 1999.00 1999.00 2200000
09/30/1997 1952.00 1952.00 1952.00 1952.00 3946600
10/01/1997 2134.00 2134.00 2134.00 2134.00 4579200
How can I create a composite which the Advancing Volume is divided by
Declining Volume ??
A composite asks the operator to use between primary en secondary, but
doesn't ask which field as high, low, close....
Who can help me to create the Arms index ?
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