1. Composite

 

1.1. Introduction

Create any kind of composite using this plug-in.

Examples of composites:

• Percentage of stocks trading above their 50-day moving average
• Number of advancing stocks within a sector
• Price to book ratio of the entire US stock market
• Percentage of stocks that have an overbought RSI

 

The composite plug-in automatically detect if there are new quotes and recalculate the composites if necessary. 

 

1.2. Create a composite

 

Tools -> Composite

Click on 'Add' to open a new form.

Select the symbols you want to include in the composite calculation.
'Include composite tickers' check box is used to specify whether to include composite symbols or not.

N.B: If there are two composites which have this box checked, a calculation error will appears in the case where composite 'A' symbols include composite 'B' and composite 'B' symbols include composite A. 

Type then the composite formula, choose the calculation function, the start and end periods, then the composite name, full name and description.
The new composite will be added to the 'Composite' form's grid and the calculation will start.

 

1.3. Update a composite

 

In the 'Composite form', select a composite item and then click on 'Update' button.

1.4. Remove a composite

In the 'Composite form', select a composite item and then click on 'Remove' button.

1.5. Re-Calculate a composite

 

In the 'Composite form', select a composite item and then click on 'Recalculate' button.
To recalculate all the composites, click on 'Recalculate all' button.

1.6. Composite Plug-in Settings

 

In the 'Composite' form, select the 'Settings' tab.
You can select whether the composite should be recalculated automatically on new data or not.