Trollatunga
11 posts
msg #89525
- Ignore Trollatunga |
3/13/2010 12:44:48 PM
HI all
Is it it possible to create my own index with stockfetcher?
is stock list of 5 for example?
|
karennma
8,057 posts
msg #89530
- Ignore karennma |
3/13/2010 1:42:52 PM
sounds like you want to create a "watchlist".
|
four
5,087 posts
msg #89533
- Ignore four |
3/13/2010 3:06:49 PM
3/13/2010 12:44:48 PM
HI all
Is it it possible to create my own index with stockfetcher?
is stock list of 5 for example?
------
USE: symlist()
EXAMPLE: symlist(aapl,ibm,lly,pfe,vz,t)
CLICK:
|
maxreturn
745 posts
msg #89546
- Ignore maxreturn
modified |
3/13/2010 5:23:21 PM
Trollatunga, if I understand you correctly you want to create an index based on a certain number of stocks of your choosing. Is this correct? If so, the following should give you a start. The following is an "index" consisting of AAPL and RIMM. It is a simple average of the two stocks. If you want a more elaborate weighting you'll have to check SF's functions and indicators to see if you can accomplish that.
set{x, ind(AAPL,close)}
set{y, ind(RIMM,close)}
set{z, x plus y}
set{myindex, z divided by two}
draw myindex
Regards
Max
|
moby
314 posts
msg #89548
- Ignore moby
modified |
3/13/2010 5:31:40 PM
never mind, tried to help, didn't work.
|
Trollatunga
11 posts
msg #89552
- Ignore Trollatunga |
3/13/2010 6:27:41 PM
hi all
karemna and four it is not a whatchlist that I am looking for, maxreturn is right.
I need personal index of stocks that I chose. In my case I want to select the 5 to 10 biggest companys in one index.
I am doing this as one of the Wyckoff method, this will create my "wave chart" designed by Richard D. Wyckoff.
Thanks maxreturn I will try to build on your filter, although I would prefer it to be the primary chart.
oh and moby thanks for your effort :)
|
four
5,087 posts
msg #89560
- Ignore four |
3/13/2010 10:30:40 PM
Ahhh, very good.
Question: simple average OR weighted average...?
|
fortyfour
189 posts
msg #89581
- Ignore fortyfour |
3/14/2010 6:30:22 PM
Could you elaborate on the method you mention....TIA
Also, is there a better way then the "draw" method. Would like to compare to SPY...
I guess I'm looking for a way draw on plot close and normalze to SPY.
Id like to be able to substitute/test different candidates....If I substitute a 10 dollar stock for GOOG...
welll...you see what happens.....
|