symbol overlay feature question?

[Pogman]

hello

with the symbol overlay feature in advanced charting you can add 4 multiple symbols to an original chart. So if the orignal symbol is an index e.g. $indu, and you add ibm, msft, mcd, mmm, and two of these are above $indu .....

...then are they outperforming the $indu?

.... and if two of these are below the $indu then are they underperforming the $indu??

Do I understand this correctly?

So is the symbol overlay feature measuring relative performance on a percentage basis???

Any clarification would be greatly appreciated!

pogman

[eSignal_JoeB]

Hello Pogman,

The symbol overlay features only provides the price data on how those individual stock symbols are doing during the market hours and does not really give up a good comparison on whether it is over or under performing the Dow for example. A very good feature to use is our symboloverlay2.efs which will provide a price comparison or use our standard chart to provide a percentage comparison. If you need assistance on creating a standard chart to do a percentage symbol overlay, please feel free to private message me and will assist you. Feel free to click on the symboloverlay2.efs to download that .efs study.

Thank you

[Pogman]

HI Joe

Thanks for the info. I will try the efs you suggest and experiment with it this weekend.

Thanks Again

Pogman

[Pogman]

Hey Joe

Thanks for the symboloverlay2.efs ...it works great. also the performance comp efs works good too in advanced charting.
I have checked the file sharing and these are the best ones I have found.

Regards

Pogman