Rank: Newbie
Groups: Registered, Registered Users, Subscribers Joined: 5/22/2005(UTC) Posts: 6
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Using the Expert Advisor I insert Symbols into my charts on the days when I think up or down waves start or finsih. I do this through the Expert Editor/ Symbol tab. Each time I spot a wave starting or finshing in one of the leading market indices (eg S&P Composite 1500), I add another Symbol with the relevant date as the condition and an up or down arrow as the Graphic.
I then attach this Expert Advisor to the stocks I follow and by comparing the index chart and the stock chart I can easily track how well the stock is following or leading the index.
I should like to automate this analysis a bit by inserting a Ribbon in the Expert Advisor which takes the % change in price for the Index, between two consecutive dates entered as "Symbols", and comparing it with the % price change for the stock between the same two days. A plus % would produce a bullish trend and -ve % a bearish trend.
In other words, in the Trend tab under Bullish and Bearsish boxes, can I reference the formula to the dates as shown in the Symbols tab?
If this is not possible does anyone know of any other route I could take to compare price movements between two arbitrarily chosen dates.
Any suggestions would be much appreciated
Cheers
Gerard
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 1/19/2005(UTC) Posts: 1,065 Location: Koh Pha-Ngan, Earth
Was thanked: 2 time(s) in 2 post(s)
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Gerard, try adapting the "RoC since event/date" indicator from MetaStockTools.com
jose '-)
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