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Strategies & Market Trends : Metastock 6.0 for Window -- Ignore unavailable to you. Want to Upgrade?

To: Craig DeHaan who wrote (1394)	1/3/1998 3:04:00 AM
From: Richard Estes	Read Replies (2) \| Respond to of 4056

I rarely use weekly, I will have to check. the dividing by 5 of periods is to mix daily and plot something close to weekly. Is it important to start on monday and end on friday? I don't think so. From MSWIN Help. The Date Compression page is located in the X-Axis Properties dialog. Choose X-Axis from the Format menu (or right-click on a chart's x-axis and choose X-Axis Properties from the shortcut menu). Use the Date Compression page to specify the compression of the data. For example, if your chart contains daily data, you could compress it to weekly. Even though the data is compressed, the same date range is maintained. So if a daily chart ranging from 06/01/96 to 12/31/96 is compressed to weekly, the chart will display weekly bars for the same date range, 06/01/96 to 12/31/96. Volume and open interest are summed over the compression period. For example, monthly compression displays the sum of the entire month's volume. If the last day loaded is not the end of the selected compression period, MetaStock displays a bar of the shortened period. For example, if today is Wednesday and daily data is loaded, the last price bar of a weekly compressed chart represents the shortened week of Monday through Wednesday. The Other compression option allows you to control the number of periods over which to compress the data. This allows you to compress the data using non-standard periods. For example, a compression of eight periods with daily data loaded would display a price bar every eight trading days. You can also change the date compression by right-clicking on the x-axis and choosing Date Compression from the shortcut menu. You can also click the Date Compression button on the chart toolbar to change the date compression. You can also change the date compression with your Microsoft IntelliMouse pointing device. Hold the SHIFT key down and rotate the wheel forward to lengthen the date compression or back to shorten the compression.