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I received the following question regarding Ensign:
>Can you tell me if Ensign is able to do mutli symbol or mutli time-frame
>charting and analysis and systems??
A good question and probably the single reason why I stuck with Omega
products for years and why I returned Metastock for Windows when I tried the
upgrade from the DOS version. The quick answer is yes.
Multi-Symbol: this is really easy - simply add "overlay" studies to an
existing chart and specify the overlay symbol. Thus I might start with a 5
minute chart of the march s&p SPH9.5, then add overlay for Tick and overlay
for Premium. I can then write ESPL studies to manipulate any of the data
series by referring to it by number and dataset: Bar(eLast, Bar#, Dataset#),
Bar(eLast, Bar#, Dataset#). One of the neat things about Ensign's Bar
construct (along with numerous other functions) is that it can work with all
kinds of bar info: eLast, eHigh, eTrueRange, eTrueLow, eMidPoint, eNet and
so on. An alternate construct obtains values by date and time instead of bar
number.
Multi-Time-Frame: unlike Omega products, multiple time frames can not be
mixed on the same chart but this is really no big problem because Ensign
ESPL systems can be easily reference an entire universe of open charts
instead of just one open chart. Let's say I want to work with s&p daily, 45
min and 5 min time frames. I simply open sp9h.d, sp9h.45 and sp9h.5, each
with whatever overlays (multi-symbol) I want. Further assume that my custom
study is running on the 5 minute chart and I want to get the high from the
45 minute chart. ChartBar('sp9h.45', eHigh, Bar#, 0 (place holder),
Dataset#) or ChartBar('sp9h.45', eLow, Date, Time, 0 (place holder),
Dataset#). Again there are about 20 different bar values which can be used
to obtain information about the bar.
Earl
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