Another way is to use Linear Regression.   Then you can compare Linear Regressions of Volume vs Price, Stock vs Index, some indicator vs Price, etc.   It works well.

 


From: [email protected] [mailto:[email protected]] On Behalf Of voyager_3k
Sent: Saturday, March 11, 2006 6:12 PM
To: [email protected]
Subject: [amibroker] Re: how do I compare two or more symbol prices together

 

Terry appreciate your comments.  It is exactly what I was looking for.
Many thanks.
AP
--- In [email protected], "Terry" <[EMAIL PROTECTED]> wrote:
>
> QQQQ = Foreign("QQQQ","Close");
>
> myDivergence = sign(C - Ref(C,-1)) != sign(QQQQ - Ref(QQQQ,-1));
>

>
> Buy = Sell = Short = Cover = 0;
>
> //Change as you wish, but above allows Explore to run with no rules
>

>
> Filter = 1;
>
> AddColumn(myDivergence,"Divergence from QQQQ",1.0);
>
> //The above will be 1 for any ticker diverging between itself and the
> QQQQ.
>
> --
>
> Terry
>

>
> -----Original Message-----
> From: [email protected] [mailto:[email protected]] On
> Behalf Of voyager_3k
> Sent: Saturday, March 11, 2006 15:21
> To: [email protected]
> Subject: [amibroker] how do I compare two or more symbol prices together
>

>
> In an explore, I want to see a divergence against another symbol.
>

>
> For example if my symbol (say AAPL) was down for the day, but QQQQ was
>
> up I want to show a divergence in an exploration. 
>

>
> Is this possible to do?
>

>

>

>

>

>

>

>
>

>
> Please note that this group is for discussion between users only.
>

>
> To get support from AmiBroker please send an e-mail directly to
>
> SUPPORT {at} amibroker.com
>

>
> For other support material please check also:
>
> http://www.amibroker.com/support.html
>

>

>
> Yahoo! Groups Links
>

>
>     http://groups.yahoo.com/group/amibroker/
>

>
>     [EMAIL PROTECTED]
>

>
>     http://docs.yahoo.com/info/terms/
>








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