Support Board
Date/Time: Sun, 22 Dec 2024 03:05:50 +0000
[User Discussion] - Study/Price Overlay - different Draw Type
View Count: 1282
| [2015-04-04 16:31:14] |
| User13668 - Posts: 294 |
|
My Source chart is a Renko chart. I want to plot the Main Price graph from the Source chart (Renko) to the Destination chart in Chart Region 2, but as a Line plot (not as Renko bars). I cannot seem to be able to change or modify the SubGraph settings in the Price Overlay Study to achieve this. Can it be done? Note: the Destination chart is a different symbol and bar type to the Source chart. |
| [2015-04-04 19:33:28] |
| User13668 - Posts: 294 |
|
An alternative. Okay I think I have found a study that does the trick. It is Overlay - Line. Although the Study/Price Overlay description in the manual says Overlay - Line should only be used when the Source and Destination charts are the same bar type and period (which they are not in my case). However it seems to work. Does this seem correct ie that the Overylay - Line study will do the job I have outlined in the first post? I have noticed what I believe to be a mathematical error with how you describe the Multiplier parameter can be used in the Study/Price Overlay (and I assume by extension the Overlay - Line study) - see attached screen grab. You say that by using -1 (negative one) you can invert a price study. I think this is incorrect. To truly invert you need to divide by 1. Is it possible to fix this so it is a divisor and not a multiplier? Eg the Yen futures contract with the USD is quoted the inverse to what most media/data sources show it as. Right now the futures are about 0.8416 whereas most will quote it as 118.82. Now dividing .8416 by 1 only gets you 1.1882, but at least it is in the right format and we could play around with the realtime price multiplier on the futures feed to get the right answer. |
 MultiplierCapture.PNG / V - Attached On 2015-04-04 19:33:03 UTC - Size: 43.45 KB - 369 views |
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