Multi Input Indicator

[rahul100]

Hi

Is there an indicator / software were i can feed in data for more than one security to generate a signal for just one security,

ie, base security = msft equity, (signal wanted)

look at data for msft equity, but also take into account what ibm equity and yhoo equity has also done ...

is there such a thing?

thx

rahul

 

[dcraig1]

you need to specify what you want. You could use an unweighted index of just two stocks if you wanted to. But you need to think it thru.

 

[GammaJammer]

it all depends on what level you're operating at. There are solutions out there that will do amazing things in this space, but we're talking large budget here. I am assuming you're talking about something on a retail scale?

If you have a serious budget you need to look at a CEP (complex event processing) engine. If you're a programmer, and can get the data out somehow, you can probably achieve it all on a more modest budget using something like Matlab. But as for whether there's a true, out of the box solution aimed at the retail market in size, scope and price, I doubt it. Be cool if there was though. I'd be interested to find out.

GJ

 

[dcraig1]

You don't necessarily need a big budget to do CEP, but you do need substantial software skills.

Esper is open source and free:

http://esper.codehaus.org/

 

[Trader333]

It depends on what you want to specifically do. Radarscreen can do this to a degree using the globalvariable.


Paul