|Yes. You'll need to make use of the
MPD indicator in order to
accomplish this. This is best illustrated by using the specific
example sited above. We'll assume the symbol we're looking at is
MWD. First, we'll create a signal to detect closing price being
above the upper band :
CL > BOLU
and save this signal with a name like "Above_BOLU".
Now, we'll create another signal which looks for both our target symbol
(MWD) and additional symbol (MER) to both be above the upper
CL > BOLU AND MPD = 1
The firs part CL > BOLU is going to take care of detecting if
our primary target symbol, MWD, is above it's upper Bollinger band.
the second part, MPD = 1, will be accessing data from another
symbol, in this case, MER. MPD will be setup as follows:
Notice that in this case, we're using the Mixed
Periodicity Data to mix in something other than periodicity. In
this case, we're mixing in a different ticker symbol. Checking the
"Align Data" checkbox will ensure that I/RT aligns up the MER bars with
the proper MWD bars. Notice also that we have chosen a data source
for MER of "Indicator" and chosen our "Scan/Signal" technical indicator.
Click the "Indicator Preferences" button and then select the proper "Above_BOLU"
signal from the list, and then click "OK".
Since Signals return numerical values of 1 (for True) or
0 (for False), the MPD will in turn return either a 1 or 0 for the MER
value, and therefore we use the syntax MPD = 1 to detect if MER
is above above it's upper Bollinger Band.