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Date/Time: Fri, 03 May 2024 17:24:47 +0000

Post From: Study Request- Sum of SubChart Studies from List with Multiplier, without Spreadsheet?

[2015-11-07 15:08:04] Link To Thread - Link To Post [Go To First Post]
User931283 - Posts: 55
I looked at a solution to a user's need for a custom index, by tomgilb: Creating OHLC chart of a custom index Is it possible to modify "Sum Charts from List" or create a similar study, for use on sub-charts (like how Overlay Study works, by picking chart#, then subchart), and having a multiplier per subchart for weighting? Ideally it would also be able to do bars (HLC) (or in a later version). It seems "Sum Charts from List" only sums Main Charts, without multipliers per each (scaling issues make that not-so-useful). Maybe you could just modify or enhance that study to add multipliers and accomodate subcharts? I could probably do this by one more set of subcharts to create another spreadsheet study to combine & weight them, but I have 3 complex spreadsheets running already on second & minute charts, tick-by-tick; I suspect that more redundancy-load could cause lag (a LOT is going on). Wouldn't a new Sum Subcharts with Multiplier study likely be more processor-efficient, not having to hide subcharts nor have a spreadsheet? There would be other useful, handy advantages to this, and be easy for novice S.C. users not comfortable with spreadsheet formulas.