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I don't know why you'd want to do this. I don't see any advantage over
using a simple line chart.
Another idea, though, that has merit, would be to create a composite
indicator of that mutual fund using its top ten holdings. Then, you
would not only have O,H,L and C, but also volume. You could use all
the standard index analysis tools.
I did allot of this type of work with mutual funds before I developed
an intent interest in futures. Futures is just so much EASIER in terms
of narrowing your focus.
TS has some capabilities for working with composite indicators, but I
found the greatest flexibility with Excel.
Bob Hunt
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fpi@xxxxxxxxxxxx wrote:
>
> Has anyone written an .ela for connecting close from one day to the next in
> a close-only chart?
>
> I don't mean just a line-on-close chart, which is already available in TS.
>
> E.g, I'd like to be able to create a bar chart with mutual fund data. The
> close of one day would be the open for the next day & either the high or
> low depending upon the close of the current day. It would then graph as a
> bar chart.
>
> I am NOT EL savvy, so I would need the actual code to enter into TS or an
> .ela file.
>
> Many TIA,
>
> FPI
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