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Strategies & Market Trends : RealTick III

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To: mpg111 who wrote (69)	7/24/2000 10:55:11 PM
From: davealex	Read Replies (2) of 311

I overlayed the comp as a line on my candlestick chart. It throws my candlesticks off the chart when the deviation between the two are high. Try setting the price of the comp on the left and the price of the stock on the right. Right click the chart and select Setup to add the comp to the stock. Then right click and select Display. Select the comp from the pull-down menu where the stock is listed. Then click the Left Axis button (make sure your stock has the axis on the right). To make the comp a line on a stock bar or candlestick chart, select and make sure the list item "Close" is checked (and the others like High, Low, Bar are unchecked) and uncheck Candlestick Chart. Click OK. Now you have a line on your intraday stock chart (any time frame) that tracks the comp on the left; the stock is tracked on the right, and because the two axes do not know about each other, they track in basically the same window. Try overlaying a naz futures line over the naz comp candlestick chart to get a "pointer" that generally (not always) tells you which direction the current naz candlestick will likely tick given the support and resistance levels in your timeframe. Pretty cool. Dave

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