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I
don't think it is available from any other source than StockCharts.com and
DorseyWright.com (there might be others but these are the more
popular).
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In
order to calculate it you need to take the percentage of all NASDAQ stocks that
are on a Point and Figure buy signal each day and then plot this result (not
very easy and dare I say impossible with Metastock?).
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<FONT face=Arial color=#0000ff
size=2>Pete
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size=2>-----Original Message-----From:
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Ara KaloustianSent: Saturday, February 16, 2002 4:58
PMTo: Metastock User GroupSubject:
Indeces
I have found an index called Nasdaq Composite
Bullish Percent Index ($BPCOMPQ), - outside of Metastock / Reuters - it came
as a chart from StocksCharts.com....
It seems very useful for market timing, and I'd
like to have it in Metastock....
Is this available on Reuters (possibly with a
different symbol)?
If not, would anyone know the formula for
calculating it?
Thanks
Ara
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