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User Defined Index - Kaufman Stress Indicator

Is the UDI capable of replicating this indicator using GDX and SPY for example? Thanks!!!

Best Answer

  • markdmarkd ✭✭✭
    Accepted Answer
    I haven't actually used either the Kaufman indicator or a user defined index, so I can't be 100 per cent positive. It sounds like if the Kaufman index has different values for each individual stock, you would have to upload it 15 times and give it 15 different names (for which you would need a "PRO" level subscription). If the Kaufman values are independent of the individual stocks, then you would upload it once and make it part of your chart style. I assume you would do that by adding a "Price" indicator to your chart style and then adding the name of your index, like @MYINDEX, to the Parameters box.

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