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Re: [Metastockusers] Formula Question



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In a message dated 9/26/2003 11:29:18 AM Pacific Daylight Time, claudb@xxxxxxxxxxxxx writes:

Is it possible to create a composite using
 3 stocks/indexes?
 Thank you.
 Claud 


Ok.  Hocus Pocus.

I played around a bit with The Downloader and here is something you might try.  Like I mentioned previously, it will be a composite of a composite.

Take two of the securities and create your first composite.  Then take the third one along with another one which you don't wish to include, and make a composite of that - and - for the one you don't wish to include, set the "Weighting Factor" to zero.  Use either add or subtract because if you use multiply or divide, the resulting security will be all zeros.  Then, you can do a composite of the composites.  However, you may not end up with what you want, because you can only manipulate the composite of two, with the composite of one.

Sometimes in programming being insane is an asset.

Jay








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