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Hello,
I want to create an index of one of the sub-groups of a sector. I've read FAQ and they seem to refer to the downloaded days. I've written my own formula before so I understand that, a little, I just don't know where to start, a gentle push in the right direction of where to look would be appreciated. Thank you so much to the experienced guides on here.
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OLMOONDOG wrote:Hello,
I want to create an index of one of the sub-groups of a sector. I've read FAQ and they seem to refer to the downloaded days. I've written my own formula before so I understand that, a little, I just don't know where to start, a gentle push in the right direction of where to look would be appreciated. Thank you so much to the experienced guides on here.
This would depend in part on which version of MetaStock you are using. The latest versions (both 12 and 13) allow you to use the "Security" data function to make an online data request, such as:
Security("IBM",C) + Security("CSCO.O",C) + Security("AMZN.O",C)
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Rank: Newbie
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Thx, I'm using MS10.1 and I would like to make a chart that shows a sub sector of the ASX300, so what I'm wondering is if I create a layout of a sub sector, say Industrials, can I use a formula to show a bar chart that represents the index, just as the AllOrds is the top 500 companies by market cap added together and then divided by 500 and shown as a bar chart. I have written my own formula before and understand the language some though I have no idea where to start with this one?
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Rank: Advanced Member
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The Security function allows you to bring price data into a chart as an indicator, although it will not display this as a Bar chart, only as an indicator line, such as:
Security(".AORD",C)
The Insert-->Instrument command would allow you to plot pricing data from an individual ticker symbol which could be displayed as price bars.
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Originally Posted by: MS Support  OLMOONDOG wrote:Hello,
I want to create an index of one of the sub-groups of a sector. I've read FAQ and they seem to refer to the downloaded days. I've written my own formula before so I understand that, a little, I just don't know where to start, a gentle push in the right direction of where to look would be appreciated. Thank you so much to the experienced guides on here.
This would depend in part on which version of MetaStock you are using. The latest versions (both 12 and 13) allow you to use the "Security" data function to make an online data request, such as:
Security("IBM",C) + Security("CSCO.O",C) + Security("AMZN.O",C)
Sorry for digging up this old thread, but I am interested in creating an index too. I am using MS 16.
Is it possible to write an indicator formula that reads all symbols from a custom list, in a loop, or is this straying into MDK territory?
Christopher
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Rank: Advanced Member
Groups: Moderators, Registered, Registered Users, Subscribers
Joined: 10/8/2010(UTC)
Posts: 1,960
Thanks: 92 times
Was thanked: 155 time(s) in 150 post(s)
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Originally Posted by: chrisdr22 Originally Posted by: MS Support OLMOONDOG wrote:Hello,
I want to create an index of one of the sub-groups of a sector. I've read FAQ and they seem to refer to the downloaded days. I've written my own formula before so I understand that, a little, I just don't know where to start, a gentle push in the right direction of where to look would be appreciated. Thank you so much to the experienced guides on here.
This would depend in part on which version of MetaStock you are using. The latest versions (both 12 and 13) allow you to use the "Security" data function to make an online data request, such as:
Security("IBM",C) + Security("CSCO.O",C) + Security("AMZN.O",C)
Sorry for digging up this old thread, but I am interested in creating an index too. I am using MS 16.
Is it possible to write an indicator formula that reads all symbols from a custom list, in a loop, or is this straying into MDK territory?
Christopher
Hi, There isn't a way to read a list like that via formula. Spyglass/FIRE was an add-on that let you construct indexes out of local data sort of like this. We do plan on building a more robust composite system (right now you are limited to 2 instruments via File > New > Composite) which will hopefully accomodate.
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