ASX McClennan Summation Index

Optuma Forums Optuma Scripting ASX McClennan Summation Index

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  • #68505
    Keith
    • Topics: 9
    • Replies: 1
    • Posts: 10

    I am using the following script for the ASX McClennan Summation Index.  It works OK for the NYSE but on the ASX it gives no reading before May 2015.  I can’t see why it does this as the ASX was operating well before that date and the code is identical to the NYSE version, except for the data input.

    //Source Data for ASX Advance and Declines
    D1 = GETDATA(CODE=ADVASX:ASX, CURRENCY=AUD);
    D2 = GETDATA(CODE=DECASX:ASX, CURRENCY=AUD);
    //Setup 19EMAs on AD Codes
    A1 = MA(D1, BARS=19, STYLE=Exponential);
    A2 = MA(D2, BARS=19, STYLE=Exponential);
    //Setup 39EMAs on AD Codes A3 = MA(D1, BARS=39, STYLE=Exponential); A4 = MA(D2, BARS=39, STYLE=Exponential);
    MO=(A1 – A2) – (A3 – A4);
    ACC(MO)

    I hope you can assist me… thanks  KM

    #68509
    Darren
    • Topics: 71
    • Replies: 880
    • Posts: 951

    Hi Keith,

    Use the advance / decline data from Breadth Measures dataset rather than ASX. Change D1 to GETDATA(CODE=ADVASX:BM); (and D2 to DECASX:BM) and it will then go back further.

    Also, no need to convert to AUD as there is no currency with this data – it’s a simple count.

    Capture

    Finally, please remember to format the script text in posts so they can be easily copied in to the software. See the pinned post above:

    https://forum.optuma.com/topic/how-to-add-code-samples-to-forum-posts/

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