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What I want to do is overlay multiple charts, so I can compare a single chart vs. a sector.
The "Overlay" study works fantastic if what you want to overlay is a single instrument from another chart. The scale is automatically adjusted.
The "Sum charts from list" study works to sum multiple charts together. But the scale is not automatically adjusted, you are left needing to use a divisor and try to align it manually.
F vs auto sector (green line panel 1 represents Tata Motors [TTM], General Motors [GM], Honda Motor [HMC], Toyota Motor [TM], Nissan Motor [NSANY], Tesla [TSLA])
Mike
F vs auto sector (green line panel 1 represents Tata Motors [TTM], General Motors [GM], Honda Motor [HMC], Toyota Motor [TM], Nissan Motor [NSANY], Tesla [TSLA])
GM vs auto sector (green line panel 1 represents Tata Motors [TTM], Ford [F], Honda Motor [HMC], Toyota Motor [TM], Nissan Motor [NSANY], Tesla [TSLA])
Mike
GM vs auto sector (green line panel 1 represents Tata Motors [TTM], Ford [F], Honda Motor [HMC], Toyota Motor [TM], Nissan Motor [NSANY], Tesla [TSLA])
By comparison, if you use the Overlay feature like here:
I am plotting JPM as primary, and XLF as overlay (green), and the scale is automatic.
Have I missed something? Is there a way to have the same type of automatic scaling from the Overlay feature, but have it work when you are using multiple charts ("sum")? I don't care about the actual sum value, I just want the plot to be scaled properly to align with the primary instrument plot so I can use it to spot divergence.
To add a small bit of clarification - the desired plot is still a single line representing multiple other charts, with an automatic scale (like 'Overlay' does).
I tried an independent scale already, it did not work - no change, the two series were both 'squashed' along the x axis. I couldn't see a way to automatically set the range of each independent scale. ? I maybe missed something.
I would like to reproduce your problem on my computer.
May I know how you have access to the quotation of "F, Tata Motors [TTM], General Motors [GM], Honda Motor [HMC], Toyota Motor [TM], Nissan Motor [NSANY], Tesla [TSLA])"? by IQFeed?
I left out a crucial step. I was hiding the 'sum charts from list', and then adding a SMA average to panel 1... and I forgot to change the Moving Average scale to independent!
I figured it was user error, sure enough... long day
Yes, IQFeed - but issue solved, was my fault - I changed the scale of the 'sum by list', but forgot to change the scale of the moving average which is what I was actually displaying in panel 1. Totally my fault.