How to Create a Basket? (index)

[ephi144 10]

i want to create an index with some FX, etc. how do i do that using tradestation?

 

i want to make an index for AUDJPY, EURJPY, 10Y, 2s10s30s tres., gold, oil.

[BlowFish 10]

Probably hugely inefficient but you could apply all the instruments to a chart and the have an indicator with

 

basket = (data1 * weight) + (data2 * weight) etc

 

You could then plot(basket) you'd probably want to hide the other plots.

 

If you have the constituents open in other charts you could send them to your index chart using ADE (all data everywhere). That gets a little bit more complicated.

 

I don't really know radar screen so can't help there.

 

There is probably a much better way but that should get you up and running in a few minutes. That's the beauty of easy language.