spread in market scanner

February 20th, 2012, 01:20 PM

Hi everyone! I'm a new member.My name is Marco. I use Multicharts.
I'd like to create a market scanner for screening spreads of a stock vs index! how can I do?
I can't use data2 in market scanner!
I could try to use ade but I'm not able to use ade with 2 different symbol!

can anyone help me?

Jura · February 22nd, 2012, 01:36 AM

neuro

I could try to use ade but I'm not able to use ade with 2 different symbol!

You can use ADE with 2 different symbols, which would also make it possible to work with historical spread values (meaning, the values for previous bars).

Since you want to plot it in the Market Scanner, an easier solution would be to use GlobalVariables (since you don't need the historical spread values, but only the real-time).

Something like the following untested indicator to get you started:

Code

// Update the Global variable with the last value of the index
if (GetSymbolName = "MyIndex") then begin

    value1 = GVSetNamedDouble("myIndex_Sprd", Close);

end 

// If the current symbol is not the index, get the global variable and calculate the spread
else begin

    value1 = GVGetNamedDouble("myIndex_Sprd", Close) - Close;
    
    Plot1(Close);
    
end;

(Though you probably want to calculate the spread with an index on a different way).

February 22nd, 2012, 04:58 AM

thank's a lot!
I'll try to use globalvariables.
can you write me an example of ade with 2 symbols?
thank you again for your help
marco.

Jura · February 23rd, 2012, 01:04 AM

neuro

thank's a lot!
I'll try to use globalvariables.
can you write me an example of ade with 2 symbols?
thank you again for your help
marco.

See this thread for an example of using ADE with 2 symbols.

spread in market scanner

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spread in market scanner