Hi All,
I calculate several composite indicators against several indices.
Example
NDXcomposite.afl.....
//Advance-Declining Volume
Avol=IIf(C>Ref(C,-1),V,0);
Dvol=IIf(C<Ref(C,-1),V,0);
AddToComposite( Avol,"~Avol"+"NDX--X","X");
AddToComposite(Dvol,"~Dvol"+"NDX--X","X");
This would be run against a watch list containing the NDX components.
Now if I try to combine all the composite AFL's into one by adding
this statement:
sym = WriteIf(InWatchList(7), "DJ-15", WriteIf(InWatchList(8), "DJ-
20", WriteIf(InWatchList(9),"DJ-30", WriteIf(InWatchList(10),"SP-500",
WriteIf(InWatchList(11),"MID--X", WriteIf(InWatchList(12),"SML--X",
WriteIf(InWatchList(13),"RUI-X", WriteIf(InWatchList(14),"RUT-X",
WriteIf(InWatchList(15),"NDX--X","")))))))));
AddToComposite( Avol,"~Avol"+sym,"X");
AddToComposite(Dvol,"~Dvol"+sym,"X");
If I run this against the same watch list data I get different
results on some indices. Anyone have any idea what I am missing and
what is happening?
Thanks In Advance for any help
Bill
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