Correlating calculations across studies

[salska]

Hi,

how would would I create a study that references for instance, $TICK and $TRIN levels when marking buy/sell decisions on say an Index chart of $INDU.

Is there a way of referencing/integrating the data from various graphs? Your help would be much appreciated.

[dloomis]

close(0, "IBM"); gets the most recent close for IBM
so for tick just use

close(0, "$tick"); gets the most recent close for IBM

[salska]

thx David, how would i correlate it to a specific study of $TICK e.g. with a 60m interval and a Moving Average(5)?

[dloomis]

What are you trying to plot? A 60 min chart of INDU with the moving average of $TICK?

[salska]

David,

your suggestion below would be an excellent starting point.

****ORIGINAL RESPONSE ***
OK ... I want to change across time frames, but let's assume a 60m view for now.

I want to track the moving average of $tick across key thresholds 0-200, 200-400, 400-600, etc.

In fact what I have done is colour coded these changes on the $tick chart.

What I really want to do is colour code these $tick threshold changes onto the $INDU chart to see if there is any meaningful correlation.

Any thoughts?

[dloomis]

This should give you some ideas on how to proceed, just add this efs to a chart of $indu and the bars with $tick<100 will be lime green

[salska]

David, thx man ... been hacking around with various things and have sussed out how to get TICK data onto the same chart as $INDU.

Your prototype will definitely help further.

The next area that is stumbling me is how I pass data to MA and use that to drive the decision?

So instead of:

close(0,"$TICK") < 200

can I use

moving_average_fn(close(0, "$TICK") < 200

Appreciate your help, but really enjoying the power of the tool!!

[dloomis]

no sweat, this will be green if tick<100 and close<ema10

[salska]

thx dude ... why didn't i bother to look at the wizard first!

much appreciated

sal