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blasher

06/07/11 11:35 AM

#6837 RE: iconoclassic #6836

You do it like this . . .

$ONE:SPY

if you wanted the inverse of SPY.



The ratio symbol ":" is very helpful for seeing lots of relationships . . .
not just inverse.
You can use it, for example, to see the ratio of SPY versus QQQ to see which is stronger at the moment and relative to recent history:
SPY:QQQ



Enjoy! and Good Luck !!

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Quasi

06/07/11 8:50 PM

#6840 RE: iconoclassic #6836

Re Iconoclassic, inverse charts..

Yes I see Blasher has already helped you out, (thanks Blasher).

But just thought I would add another couple of special symbols which can be very useful.

$ONE, basically just a constant value of 1, so when using the ratio function it becomes 1 divided by the say S&P or the inverse of the S&P.



Also try playing with the following two and apply different indicators, overlays and setting to see how they react.

$THSAW, this is a theoretical saw tooth wave.


$THSINE, this is a theoretical sine wave.


hope you have fun
Quasi