How to chart comparison of ROC between two symbols

[ThuNd3r]

basically just want to chart
(ROC of stock # 1) / (ROC of stock #2)

Does anyone know how to do this?

[ACM]

Re: How to chart comparison of ROC between two symbols

ThuNd3r
To calculate the ratio of two ROCs of different symbols you would need to write a formula using the roc() function which can be based on an external symbol (ie a symbol that is different from the one being charted).
In its simplest form the formula would be as shown in the following image (note that this is is just an example to illustrate the basic construct).



For the complete description and syntax required by the roc() function together with examples of its use see this article in the EFS KnowledgeBase.
If you are unfamiliar with programming in EFS then you may find it to your benefit to learn to do that as it will enable you to take full advantage of the resources offered by a programmable application such as eSignal. The best way is to start by reviewing the JavaScript for EFS video series and the Core JavaScript Reference Guide. Those will provide you with a thorough introduction to programming in JavaScript which is at the foundation of EFS. Then go through the EFS KnowledgeBase and study the Help Guides and Tutorials which will provide you with the specifics of EFS.
Hope this helps
Alex

Originally posted by ThuNd3r
basically just want to chart
(ROC of stock # 1) / (ROC of stock #2)

Does anyone know how to do this?

[ThuNd3r]

Thanks, I really appreciate the help.

[ACM]

ThuNd3r
You are most welcome
Alex

Originally posted by ThuNd3r
Thanks, I really appreciate the help.