Click here to Login








Year to Date Change Indicator

by Brian Brown, 5113 days ago
Share |






The Year to date change is a trading indicator that is usually used to calculate the percentage change of a stock's last closing price compared to the previous year close price. You can also use the indicator to calculate the Year to date percentage change of any other time-series or indicator.

The trading indicator name is "YearGain". The first and only argument it accepts is the time-series that will be used to calculate the Year to date percentage gain. Example: YearGain(close) to get a stock percent increase or decrease in a given year. The indicator won't work if historical data of a stock covers less than one year.

The indicator has many applications. For example, the indicator can be applied to calculate the YTD change of another stock or index and compare that value to the YTD change of the current stock.
a = YearGain(GetSeries("^GSPC", close));
b = YearGain(close);
res = b - a;

In the above example, I simply referenced an external index (S&P 500) using the "GetSeries" function, and then calculated the difference between the Year to date change of current active stock and the Year to date change of the S&P 500 Index. The result can be called the Year to date relative strength index.


Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information




Type: Trading Indicator

Object ID: 833


Country:
All

Market: All

Style:
Technical Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects

Empty

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

QuantShare Version 2.1.0 - Trading Software

How to create a ratio indicator using QS Trading Software

Screening with the composite indicators

Synchronize Buy/Sell List of Rules in the Trading System Optimizer

QS Trading Software: Global Script

New Ranking and Percentile Composite Functions

QS Trading Software: Database Optimization

Stock Market Prediction with QuantShare

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright © 2024 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.