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technical_indicators:price_relative [2019/09/07 00:09] betseyp |
technical_indicators:price_relative [2019/09/10 21:19] betseyp [Using with SharpCharts] |
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| ===== Using with SharpCharts ===== | ===== Using with SharpCharts ===== | ||
| - | The Price Relative is available in SharpCharts by using the "Price" indicator with [[https://stockcharts.com/docs/doku.php?id=data#ratio_symbols_relative_strength|a "Ratio" ticker symbol]] (e.g., "IBM:$SPX"). First, select the "Price" indicator. Second, in the parameter box, enter the symbol for the base security followed by a colon (":") and then the symbol for the comparative security. | + | The Price Relative is available in SharpCharts by using the "Price" indicator with [[https://support.stockcharts.com/doku.php?id=data#ratio_symbols_relative_strength|a "Ratio" ticker symbol]] (e.g., "IBM:$SPX"). First, select the "Price" indicator. Second, in the parameter box, enter the symbol for the base security followed by a colon (":") and then the symbol for the comparative security. |
| Note that you can also use the "$SECTOR" and "$INDUSTRY" pseudo-symbols inside a ratio symbol. We will automatically replace those symbols with the appropriate sector or industry ETF/index. For example, "IBM:$SECTOR" is the same as "IBM:XLK" inside of a SharpChart. | Note that you can also use the "$SECTOR" and "$INDUSTRY" pseudo-symbols inside a ratio symbol. We will automatically replace those symbols with the appropriate sector or industry ETF/index. For example, "IBM:$SECTOR" is the same as "IBM:XLK" inside of a SharpChart. | ||
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| {{:technical_indicators:price_relative:prel-6-shch.png|Price Relative - SharpCharts}} | {{:technical_indicators:price_relative:prel-6-shch.png|Price Relative - SharpCharts}} | ||
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| ===== Further Study ===== | ===== Further Study ===== | ||