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Relative Performance Chart - Dynamic assets and index
1. Pane: Relative performance of assets indexed dynamically to first visible date on chart, e.g. changes when scrolling chart
2. Pane: Trend indicator of different assets based on custom indicator and asset selection based on simple rules
3. Pane: Historical volatility of assets
Through below script the function pulls assets dynamically from watchlist, updates dates and chart.
Use this in your 3 chart panes:
a = TAA_Chart(Pane,"TrendSystem'');
where: Pane = chart pane 1-3, only in second pane: TrendSystem like "Roc(closes, 50)" --> use "closes" instead of close
Following script needs to be triggered as task in "Selected chart changed" event":
string id = "";
while(true)
{
Chart chart = Charts.GetSelectedChart();
DateTime startdate = chart.VisibleStartDate;
string newID = chart.SymbolName + " - " + startdate.ToString();
if(id != newID)
{
string[] assets = new String[20];
assets = Watchlist.GetSymbols("TAA_Basic_Selection_Static"); // change here to your watchlist
string Assets = "";
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.