perdi420
5 posts
msg #158909
- Ignore perdi420 |
3/30/2022 6:01:45 PM
I would like to construct a rather simple indicator, but I am unable to find examples of how to do this.
Indicator = closing price of stock/closing price of SPY. How does one do this? For example, if stock price is 100 and SPY today is 400, the indicator should be 0.25.
I saw examples of "compare to SPY", but that not seem to do this. If I plot SPY itself for example, then this indicator should in theory be 1. But "Compare to" gives a curve, which is incorrect.
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