glgene
613 posts
msg #105889
- Ignore glgene |
4/11/2012 11:06:40 PM
Is there a "New Highs vs. New Lows" calculation capability in Stockfetcher?
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Kevin_in_GA
4,599 posts
msg #105894
- Ignore Kevin_in_GA |
4/12/2012 11:38:00 AM
Yes, the NYSE new highs is here as an index (^HIGN). New lows is ^LOWN.
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glgene
613 posts
msg #105916
- Ignore glgene |
4/14/2012 9:58:38 PM
I guess I am having a senior moment.
I want to show the number of NYSE new highs. I started with this script line, and nothing happens
Symlist(^hign)
I guess I don't know how to show index info. Any help?
What about a 20-day moving average of NYSE new highs; same with NYSE new lows...and a ratio of the two.
??
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Kevin_in_GA
4,599 posts
msg #105920
- Ignore Kevin_in_GA |
4/15/2012 12:04:29 PM
ind(^HIGN,close) should give you the number
Try this
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glgene
613 posts
msg #105922
- Ignore glgene |
4/15/2012 4:51:43 PM
Kevin, I tried your suggestion, and I'm a little confused...
If ^HIGN is the SF-supported index for NYSE "new highs" then how can you run this on Symlist(SPY)?
With your script -- run with end-of-day April 13, 2012 stock prices -- it displays 21 newhighs and 28 newlows....on SPY (a single stock symbol)? Isn't my goal with ^HIGN to get the number of new highs on the NYSE?
Also, I did a 2-year lookback (with the DRAW command), and it never shows a ratio of less than 1. ??
Could use some clarification. Thanks.
FYI: My reference to a 20-day moving average of New Highs-New Lows comes from the book, "All About Market Indicators" by Michael Sincere.
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Kevin_in_GA
4,599 posts
msg #105924
- Ignore Kevin_in_GA
modified |
4/15/2012 5:17:26 PM
The new highs and new lows are for the NYSE, not for SPY. Using them in set{} statements turns them into variables that can be plotted regardless of what stock is being displayed.
Try using "draw ratio on plot ratioma". Also consider "new highs - new lows" rather than the ratio, which can be infinite in certain cases.
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glgene
613 posts
msg #105926
- Ignore glgene |
4/15/2012 6:05:13 PM
Kevin,
I'll work on your addt'l recommendations.
Thanks!
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