Rank: Newbie
Groups: Registered Users, Subscribers, Unverified Users Joined: 9/13/2016(UTC) Posts: 4
|
Hi,
I want to create a very simple formula which involves the correlation function in metastock. For example's sake- lets suppose I want to create a formula - 7 * Correlation (paper1,paper2,5,2).
The problem is that the formula editor will always require me specify specific stocks, but I want the new formula to be Verstatile. Meaning - I don't want to specify the data path each time I examine 2 different stocks.
Is there a way to accomplish this?
Thanks for any help you could offer regarding the issue
|
|
|
|
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)
|
Hi,
There has to be some sort of constant in the data array fields, so you cannot have a dynamic symbol field through the formula language for two different items. There is a "P" variable that allows you to select a 'plot' on a chart and have this be the value of p, but you would not be able to have two different p variables in the same formula. You could use the built-in correlation indicator which allows you to select two different plots. You can select multiple plots on a chart by clicking the first plot, then Shift+Clicking the second plot. Edited by user 8 years ago
| Reason: Not specified
|
|
|
|
Users browsing this topic |
Guest (Hidden)
|
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.