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Date/Time: Sun, 22 Dec 2024 05:55:04 +0000



Post From: Overlay Bar Study - Question Re "Multiplier" input

[2015-03-16 06:04:59]
Acro - Posts: 441
Hi,

I don't think I have grasped what the "Multiplier" input in this study does yet.

I had thought it would be a similar concept to spread charts where you might set the multiplier to compensate for the difference in tick value between two symbols.

However, from my experimentation overlaying a Bund chart onto a Stoxx chart it doesn't seem to make any difference what i set the multiplier, whether it be 1, 100, or 0.01.
I should state that I am using the overlay in the main part of the chart (ie area 1 and not beneath the chart)

Can I ask whether this is an irrelevant input and the automatic scaling used by SC is so good that if I just want to use the overlay bar study for correlations/inverse correlations between two or three symbols I can leave the Multiplier at its default settings ?

Thank you in advance (PS it seems to be a lot better than the Multicharts overlay feature)
Date Time Of Last Edit: 2015-03-16 06:08:19