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PureBytes Links
Trading Reference Links
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Hi Lex
> Thank you Roy,
>
> One more question :
> Is it possible to work with the Explorer in Weekly periodicity with
> Daily data. If no, is it possible to simulate weekly data ?
Yes. When you set an exploration to weekly periodicity (under Options
when editing the exploration) it converts the underlying daily (EOD) data
to weekly as the exploration runs (simulates weekly data). You need not
do anything other than set the periodicity option.
Simulating weekly data by code for a daily exploration (periodicity set to
Daily) can be done, but it should only be necessary when using a single
exploration to return values from two different periodicities, or to plot a
weekly indicator on a daily chart. Most users would choose to run two
explorations with simpler code, one for daily and one for weekly, or switch
the periodicity of a chart from one periodicity to the other.
The underlying EOD data always retains its daily format, but the MetaStock
tools effectively (and accurately) simulate whatever higher periodicity you
choose to work in.
Regards
Roy
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