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Date/Time: Fri, 31 Jan 2025 14:41:13 +0000



Post From: Possibility to use advance study language to compile mulpiple studies from multiple charts

[2019-05-09 20:41:26]
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For the practical side of the circumstance, here is the study I was doing.

I was loading each individual companies from major equity index, Dow index, Nasdaq 100, S&P 500, for example. Then I make all of them a "1-0" one tick reversal bar chart, I apply the same formula as the on-balance-volume study with all of them, I multiply the volume data with its price to get the volume*price data, which is the money flow data that has been spent on each transaction, I collect all the money flow data, sum it up, then I get the tick-by-tick on-balance-volume study result on the entire Dow, Nasdaq, or a quarter of S&P 500 because 500 chart is way too heavy for my computer. Using advanced language might be lighter to process.