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V. 19:5 (66-69, 73-76): Traders' Tips

V. 19:5 (66-69, 73-76): Traders' Tips

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TRADESTATION EASYLANGUAGE

Relative Performance Charting by Phil Doyle in this issue presents a technique for comparing the rate of price change of two or more tradable instruments. The purpose is to help find the sectors with the best trading opportunities. Relative performance charting is a built-in feature in TradeStation Pro. After opening a standard linear-scale bar chart, enable Percent Change Charting via the Format Window dialog. This will change the chart to a Percent Change Chart. You can then add additional securities to the same chart for comparison purposes via the Insert Symbol dialog.

Ramesh Dhingra, Product Manager, EasyLanguage TradeStation Technologies, Inc. (formerly Omega Research, Inc.) A wholly owned subsidiary of TradeStation Group, Inc. http://www.TradeStation.com
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