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tks for the help. it works beautifully.
really appreciate it.
tsi
----- Original Message -----
From: "Rich Estrem" <richestrem@xxxxxxxxxxxxx>
To: "Tanoto Sau Ian" <sitanoto@xxxxxxxxxxxxxx>
Sent: Monday, February 04, 2002 11:21
Subject: Re: Regarding Spreads
> Here is how to get an OHLC bar chart of your spread:
>
> 1.chart your data with the first month in data1 and add the second
> month as data 2 so you have a multi-data chart.
>
> 2. rt-click the chart and choose to insert analysis techniques.
>
> 3. scroll thru the indicator list and select: custom 4 line
>
> 4. edit the indicator formulas for the 4 plots like this:
> for plot1 enter formula: h - h data2
> for plot2 enter formula: low - low data2
> for plot3 enter formula: open - open data2
> for plot4 enter formula: c - c data2
> 4. edit the style tab like this:
> for plot1 set type to "bar high"
> for plot2 set type to "bar low"
> for plot3 set type to "left tic"
> for plot4 set type to "right tic"
> 5. look at the color tab and be sure all colors are the same
> 6. on the scaling tab set it to screen.
> 7. on the data tab, select subgraph3.
> 8. click ok to apply the indicator.
>
> good luck-
> rich
>
>
>
> At 10:51 PM 2/4/2002 +0800, you wrote:
> >The spreads I am working on are intra-commodity spreads, which means that
I
> >will be buying a particular month and selling another. In regards to the
> >highs and lows of the day, they are usually created at around the same
time,
> >although not at the very exact time as order flows are not 100%
consistent;
> >a 10,000 lot buy order for a month does not always immediately result in
> >equivalent orders for the rest of the months in the series. It is the job
of
> >the spreaders then to so-called arbitrage to make the spreads in line
again
> >when the market is out of wack. Thus, u do get some intraday fluctuation
and
> >on top of that, the arbitragers themselves can be wrong as well because
fair
> >values are dynamic.
> >
> >Therefore, it would be most helpful if we could chart the spread prices
as
> >bar charts, with open, high, low and close. Could someone tell me if this
is
> >possible with TS and be kind enough to enlighten me on the method?
> >
> >Millions of tks
> >
> >tsi
> >
> >
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