Could you please make the Scatter Plot Correlation Coefficient, Standard Deviation, Skewness, Kurtosis, Slope and Y Intercept accessible in RTL?
In case they are already available and I missed it, please point me in the right direction.
Thanks!
Could you please make the Scatter Plot Correlation Coefficient, Standard Deviation, Skewness, Kurtosis, Slope and Y Intercept accessible in RTL?
In case they are already available and I missed it, please point me in the right direction.
Thanks!
Unlike most RTL tokens, the ScatterPlot values do not have a 1 to 1 relationship with each bar. There is just one Correlation Coefficient for the ScatterPlot, not one value per bar. So it would make more sense to allow the relevant values of SP to be stored into a series of V# or C# variables (which would be auto-labelled based on what they are storing). Then they coudl be used in RTL, etc. Would that make more sense?
Or are you looking to compare these values among a group of different symbols using a Scan or Custom Quotepage Column?
I understand that there is no 1:1 relationship. But just like the last value of COCO is the same as the Correlation Coefficient in SP (if the same amount of bars are used), the same could be computed for something like Kurtosis. This would add another layer of analysis to intermarket relationship. Whether this is done via C# or V# (as you suggest) or via a separate indicator – both is fine with me. Comparison of a group of different symbols should then be easy via MPD.
OK, ScatterPlot 1.3 is now available. Once you update, you'll be able to do the following...
Create a custom indicator with syntax RTX. Setup RTX with the lsScatterPlot Indicator, and when you do, you'll now see a choice for RTL Result with a number of data items available as seen below...
Now, you can use this custom indicator as a basis for a Custom Column (CC) in a quotepage.
In the Calculations tab for the CC, you'll need to turn on Maintain Persistent Data as seen below...
And in the Type tab of CC, the Periodicity, Session, and Data Required period are all important.
If needed, you can choose to record the results into a V# variable in the Calc tab for use in other Custom Columns, Scans, Charts, et...
I hope that gives you what you're looking for.
Perfect, thanks a lot!