Hello
I have created an Amibroker index creation script that uses percentage
change in each security added, rather than price movement to ensure
equal weighting for each security.
It still is not functioning correctly and if anyone would like to
give it a try and maybe recommend any changes that would be greatly
appreciated.
Simply run it in Automatic Analysis on a group of securites and it
will create an index name "~MyIndex"
AddToComposite( ((Close - Open) / Open ) * 100, "~MyIndex", "X" );
AddToComposite( 1, "~MyIndex", "I");
Buy=0;
Graph0=(Foreign("~MyIndex", "C" ) / Foreign("~MyIndex", "I" ));
Thanks
