Stockcharts - Ratio Set Up

    Posted by kingpin777 on 13th of Aug 2009 at 10:20 pm

    How do you set up the ratio above the price charts. I noticed Matt's NG:GDX ratio above the NG chart and I would like to set the chart up.

    Thanks!

    in order to set up

    Posted by matt on 13th of Aug 2009 at 10:28 pm

    in order to set up ratios in Stockcharts.com, use the follow formula:

    Symbol:Symbol

    basically you need to put a colon between the two symbol

    Thanks. How did you get

    Posted by kingpin777 on 13th of Aug 2009 at 10:32 pm

    Thanks. How did you get it above the actual price chart?

    when you are making a

    Posted by matt on 13th of Aug 2009 at 10:39 pm

    when you are making a chart in Stockcharts, you have to select 'price' in the indicators, and then type the formula in there.  And you can also set the ratio to either be above or below the stock price from there as well, see the attachment.  You can also set the ratio height as well as put a MA on it etc.  I like to place the 20 EMA on the ratios.

    Thanks Matt. I appreciate your

    Posted by kingpin777 on 13th of Aug 2009 at 10:40 pm

    Thanks Matt. I appreciate your help.

    remember that ratios work well

    Posted by matt on 13th of Aug 2009 at 10:58 pm

    remember that ratios work well for everything.  For example, here's a chart of the Building Materials Sector with the ratio of that sector to the SPX.  Noticw how well the ratio trendline breaks work at picking major tops and bottoms

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!