Market internal overlay

MLlalala

Member
I am wondering if it is possible to plot an overly of all the market internals on one window. For example, $AD-NYSE, $TRIN-NYSE, inverse of $VIX, etc. I tend to like smooth them a little bit by 10 bar SMA or EMA, AND THEN plot the smoothed data on chart.

I prefer to plot this as an upper study. For example, if i am trading ES 5 min chart, then i wanna overlay the above on top of ES price chart, so that i can see how they are correlated in real time. But Lower study should also work well.

Finally, i wanna add label for each market internal data. For example, if $AD-NYSE is 500 and the plot is cyan color, then the lable will say : $AD-NYSE 500 and the label corlor should be same with plot color, regardless the figure is up or down

Appreciate if some great minds in this forum here could help out!
 
Solution
Those data sets are very dissimilar, they just aren't going to scale well. You can easily convert something like AD-Issues and AD-volume to ratios like A / (A +D) and they will plot nicely on the same panel. On the other hand, if you start throwing VIX and $TRIN into the mix, your overlays are going to go absolutely haywire, especially even more so if the whole thing is an overlay on ES. You would have to figure out some way to unify them, such as percentage change, or percentage change from the open, or something like that, but the 0 based +/- AD might cause you issues there as well.
Those data sets are very dissimilar, they just aren't going to scale well. You can easily convert something like AD-Issues and AD-volume to ratios like A / (A +D) and they will plot nicely on the same panel. On the other hand, if you start throwing VIX and $TRIN into the mix, your overlays are going to go absolutely haywire, especially even more so if the whole thing is an overlay on ES. You would have to figure out some way to unify them, such as percentage change, or percentage change from the open, or something like that, but the 0 based +/- AD might cause you issues there as well.
 
Solution
Those data sets are very dissimilar, they just aren't going to scale well. You can easily convert something like AD-Issues and AD-volume to ratios like A / (A +D) and they will plot nicely on the same panel. On the other hand, if you start throwing VIX and $TRIN into the mix, your overlays are going to go absolutely haywire, especially even more so if the whole thing is an overlay on ES. You would have to figure out some way to unify them, such as percentage change, or percentage change from the open, or something like that, but the 0 based +/- AD might cause you issues there as well.
I see the difficulties now, then i guess this not possible to do. I have another idea, i wanna overlay spy dia and qqq, but i dunn like the comparison function in TOS, i wanna smooth the QQQ and DIA data using an SMA and THEN overlay them on spy.

I know how to do the first part, i.e. smoothing the QQQ and DIA data, however, i am not sure how to overlay the result on spy, may i seek some help here?
 

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