honeypot@market-analyst.com

Categories

Most Recent Articles

Home Knowledge Base Market Analyst 6 Advanced Charting Multiplication Spread

Multiplication Spread

Written by Leah Klar Friday, 27 November 2009 10:55
Rate this item
(0 votes)

With the release of the 6.4 Build 10 program update, a new Spread option has been added to Market Analyst 6.  The Multiplication Spread multiplies 2 codes values and displays the results as a line chart.

This can be used to display a local stocks price movement in a foreign curreny value.  In the above example you can see the cost of Wesfarmers (ASX: WES) charted in US Dollars.

When we overlay a standard line chart of Wesfarmers (in AUD) you can track the market fluctuations in both the stock, and the currency exchange.

Creating a Multiplication Spread

  1. Click on the New menu
  2. Go to the Spread option
  3. Left click the Multiplication Spread option
  4. In the window that displays, enter in the first code you wish to use (AUDUSD for example).
  5. Enter the second code you wish to use (WES for example)
  6. Press Enter twice on your keyboard to generate the chart.

Overlaying a code onto a Multiplication Spread

  1. Right click a blank area of the Multiplication Spread chart.
  2. Go to the Chart Actions icon.
  3. Select the Overlay Left Scale option.
  4. In the window that opens, enter in the code you wish to compare (WES for example) and press Enter on your keyboard.
  5. The chart will then display over the multiplication spread, with the price scale displayed on the left hand side.
  6. Go to the Structures panel on the right hand side of the window and click the Link icon.  This will ensure both charts will use the same scale for comparison.
Last modified on Tuesday, 16 March 2010 12:53