Calculating Advance decline ratio in amibroker

chintan786 · #1 6th April 2008, 07:02 PM

hi all, is there anybody who know how to calculate Adv/Dec. ratio in AB.
AB have option for this in Symbols>>calculate composites......

but when click on calculate after filling up all relevent boxes nothing apppears.( at least at my end).

if some body know how to mke it work for u then plz kindly share with me.

regards

chintan

kuriako · #2 6th April 2008, 07:22 PM

It blinks something!!!

Nothing else!!!

Adheer · #3 6th April 2008, 08:02 PM

Firstly, you must assign an index(symbol) to the market you are tracking. For example, if you are tracking all the NSE stocks and the NSE index you are tracking in AmiBroker is ^NSEI, then,
1) go to Symbol -> Categories.
2) Select the market you are interested in - typically this may be Market 0.
3) On the right side, in the Composites drop-down select ^NSEI (NSE Index). Then press OK.
4) Now go to Menu -> Symbol -> Calculate Composites.
5) Check Number of Advancing / Declining Issues. Also select All Quotes (first time) or Last N quotes (subsequently).
6) Press Calculate and close window.
7) Now, select the chart of ^NSEI symbol or any other symbol in that Market.
8) Plot the indicator "AD Ratio - Advance Decline Ratio".
9) The A/D ratio is plotted in the indicator sub-window.

If you want to access the formula or display it yourself, then use the following code :
Plot( AdvIssues()/DecIssues(), _DEFAULT_NAME(), ParamColor( "Color", ColorCycle ) );

Remember, this value will be same across all symbols within that market.

chintan786 · #4 6th April 2008, 09:19 PM

Hi adheer, i had done exctly wht u said.... but nothig happend..... the window remains empty as it was earlier.....

can u upload the screen shot of urs?

thanks
chintan

raakesh · #5 7th April 2008, 02:56 AM

hello adheer, me too unable to plot.

Adheer · #6 7th April 2008, 12:30 PM

Here are the screen shots, I used for Dow Jones (^DJI)

chintan786 · #7 7th April 2008, 01:12 PM

excellent Adheer ..... it is done this time... actully wht mistake i was doing is selecting wrong mkt..... after seeing those screenshot No.2 i cme to know abt this.

warm regards
chintan

kazaan · #8 15th April 2008, 07:46 PM

Hi folks,
Thanks Adheer for your inputs.

My question to this forum is
If I keep all the NSE indices in a folder and all the scripts in another seperate folder -> c:/ price Data/ Nse stocks & c:/ price Data/NSe Indices <- (they are essentially seen as two seperate databases/ markets by AB) and I want to calculate the AD for all NSE stocks
then when opening the market for all stocks, i dont see the Nifty and so am not able to select it as base index for composites.

what should I do?
Is there a way to combine both the databases into one market/ folder and still have all of them updated?
Should I structure my database differently?

I appreciate any help. thanks in advance.