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Joe J:
GREAT!! This was exactly what I wanted. I had never realized what the "P" identifier would do before. I now have the formulas all set up. I checked the math, and it works fine.
This exercise even taught me how to create "invisible" plots and rescale the Y-axis for my indicator [since my indicator varies from 0 to 2, and the "P" plot is about 2000-5000.]
Thanks for your guidance.
Harry
--- In equismetastock@xxxxxxxxxxxxxxx, "Joe J." <jojab@xxxx> wrote:
> Harry,
>
> Yes. First plot the first security (or composite) that you want. Then open a new chart with the second security (or composite) that you want. Drag that second security (copy and then paste) over to a new inter window in the screen with the first security.
>
> Create a custom indicator as indicated below. When plotting this custom indicator, make sure that you drag and drop it on top of the second security (make sure that is highlighted). Also, read up on the "P" variable so you understand what this is doing.
>
> Mov(C,10,S)/Mov(P,10,S) {this is for a simple moving ave}
>
> I just tried this and confirmed it does work.
>
> Good Trading,
>
> Joe J.
>
>
> -----Original Message-----
> From: bex1210 [mailto:hmw3@x...]
> Sent: Tue 3/18/2003 8:19 PM
> To: equismetastock@xxxxxxxxxxxxxxx
> Cc:
> Subject: Re: [EquisMetaStock Group] Dividing one stock price MA by another
>
> Joe J:
>
> I have version 8 EOD. I tried Security () anyway, and got an error message which said it was available only in the Professional version.
>
> I tried creating a Composite security; dividing one price by the other's price, and then taking a 10 day MA of that. The results are not the same as dividing one 10 day MA by another 10 day MA (similar, but not the same).
>
> Any other suggestions?
>
> Harry
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