Alternative to Comparison Charts

[Mordoor]

Here is a chart I like to keep an eye on during the day which combines many things into one. The upper is VIX in purple and SPX in cyan. Lower study is the NYSE using Ben Tens simple tick. I have overlayed the XLK onto the TICK using a comparison chart. I would like the aggregation for the XLK to start the same as the TICK. However, there is no way to see the code for the comparison chart as TOS does not make it available, it is hidden. So I am wondering if there is a way to overlay XLK onto the TICK study without using a comparison chart and to have the aggregation start at market open just like the TICK. Also have aggregation in the price area of the chart where VIX and SPX is to also start aggregation on market open. I know if I set the chart to TODAY it will start to aggregate at open, however, it takes a few hours for it to build out into something useful.

If you scroll back in time on this chart you will see XLK moving up or down and that is the problem I am trying to figure out. Here is link to TOS chart: http://tos.mx/gfZgx4O

 

[mashume]

Add this code to the bottom of your TICK indicator:

input secondary_multiplier = 250;
def xlk = close(symbol = "XLK");
def secondary_standoff = if barNumber() == 1 or NewDay then xlk else secondary_standoff[1];
plot secondary = (xlk - secondary_standoff) * secondary_multiplier;

This resets the XLK line at zero at the start of each NewDay. If that's not what you want remove the or newDay bit of the code and it will pin the first bar to the zero mark. You may have to play with the secondary_multiplier to get a plot you're happy with. This does not plot the actual XLK values, they're in far, far to narrow a range to be useful, thus the zero-adjusted and multiplied version in the plot.

-mashume

 

[Mordoor]

Add this code to the bottom of your TICK indicator:

input secondary_multiplier = 250;
def xlk = close(symbol = "XLK");
def secondary_standoff = if barNumber() == 1 or NewDay then xlk else secondary_standoff[1];
plot secondary = (xlk - secondary_standoff) * secondary_multiplier;

This resets the XLK line at zero at the start of each NewDay. If that's not what you want remove the or newDay bit of the code and it will pin the first bar to the zero mark. You may have to play with the secondary_multiplier to get a plot you're happy with. This does not plot the actual XLK values, they're in far, far to narrow a range to be useful, thus the zero-adjusted and multiplied version in the plot.

-mashume

Thanks for the response. However, since XLK is not plotted inside of the code for the $TICK, it does not produce the same as overlaying a comparison chart of the XLK that uses the left axis. I need the full range of the left axis for XLK. I have been trying to create a simple chart that plots in the lower panel such as this:

input symbol = "XLK";
def symbolSeries = close(symbol);
plot SymbolSeriesPlot = symbolSeries;

What I am having trouble with is getting it to start at each new trading day instead of continuing from day to day.

 

[mashume]

Thanks for the response. However, since XLK is not plotted inside of the code for the $TICK, it does not produce the same as overlaying a comparison chart of the XLK that uses the left axis. I need the full range of the left axis for XLK. I have been trying to create a simple chart that plots in the lower panel such as this:

input symbol = "XLK";
def symbolSeries = close(symbol);
plot SymbolSeriesPlot = symbolSeries;

What I am having trouble with is getting it to start at each new trading day instead of continuing from day to day.

You need to open up the code for the $TICK indicator you're using (I did from your shared setup) and ADD the code I posted to the bottom of the indicator code. Do not use it as it's own indicator. That way it will not move around and will reset to zero every day.

-mashume