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Days To Next Date

by jason, 3224 days ago
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For custom databases, data is often associated with a symbol and a date making it easy to build logic around the primary date value. But when the custom database contains more than one date value, accessing and using the date values is more complex. The DaysToNextDate function helps by calculating the number of bars to a date within a custom database.

A practical example of a custom database that may be designed to have multiple date values Is with dividends in which the dividend event which spans four separate dates (downloader for this object may be found here: Dividend Calendar). There are several research papers written on dividend strategies that use rules based on proximity to the various dividend dates.

Example of usage:
a = GetDataString("divcalendar", "paymentdate", "");
a = daystonextdate(a, "MM/dd/yyyy");
Plot(a, 'Days to next Dividend Payment Date', colorBlack, ChartLine, StyleSymbolNone);


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