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Creating Index Charts


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Creating Index Charts

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  #1 (permalink)
 mokodo 
Bridgwater, UK
 
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Hi,

I have been using a roughly made chart showing indices of currencies. This shows the comparative strength and weakness of a currency in isolation - the same as the dollar index, but for GBP, JPY, AUD, EUR (see attached image)

I have achieved this by pulling up a chart and adding the Heiken Ashi indi. This is a bar type but available as an indicator. I then set the input series for the HA indi as the Index indi which allows a weighted series of symbols to be fed in, and then present those in separate panels, minimising the primary dataseries which is irrelevant for my purposes.

I am not satisfied with the solution as it stands as I would much prefer to use conventional bar types, such as candlesticks or OHLC - but can not work out how to do it?

Any feedback would be greatly appreciated. Many thanks in advance.

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kandlekid
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Maybe I'm missing something, but if you remove the HA indicator, doesn't it just revert to a simple candlestick chart ?

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 mokodo 
Bridgwater, UK
 
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kandlekid View Post
Maybe I'm missing something, but if you remove the HA indicator, doesn't it just revert to a simple candlestick chart ?

No the index indicator will only plot as a line (if I remember correctly), I am feeding it into a bar type which is HA as it's the only bar type I can find that is coded as an indicator. I'm after a way to get the index in conventional bar type format: candlestick, OHLC, etc.

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