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Rodney,
I want to do for some other ETFs what Roy has done for SPY and QQQQ.
But the problem is that I don't have the A/D data or the New High/New
Low data. And creating these from the stocks that make up the ETF is
beyond what I can do right now in Metastock. If someone created the
plugins, I'll buy them.
--- In Metastockusers@xxxxxxxxxxxxxxx, "-=RIP=-" <platt_rodney@xxxx>
wrote:
> In Roy's June newsletter the following Q&A was given
>
> Q - Is there a way to create an indicator of this advance/decline
> information to plot on a chart similar to one of the US market
> trading systems outlined in Jim's articles?
>
> A - Yes, the long way. That means you'd need to scan every bar, one
> at a time, and manually add the results to your own "A/D" security.
> It would take a lot of time to do, but you'd only need to do it
> once. I've looked at setting up exploration that can scan a week at
> a time but I haven't come up with a satisfactory solution yet.
>
> I'm also very interested in creating such an indicator, but for the
> life of me I can't see how to run this exploration on one bar at a
> time? (Maybe I'm still to hangover from the races to see how to do
> this right now). Also I may have the creating of the A/D – security
> mixed up. As I'm thinking you put the totals of the last column from
> the exploration into the close filed and a date into date filed of a
> blank security is this correct or am I way off?.
>
> And on a side note, for those people that don't like to manually
> write this data trough the downloader interface you can write it
> with the help of a dll like metalab. So all you have to do is add a
> call to your exploration and the data gets written when you run the
> exploration. Saves a little bit of time :).
>
> Regards
> Rodney
>
> P.S. trying to create this indicator for the ASX market if you
> needed to know
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