We just released a very spiffy new feature in ProphetCharts. I'm actually embarrassed at the name I gave it – Ratio Charts – because that's a real misnomer. It's really more like "Arithmetic Charts", because you can use all the basic math operators and parentheses to construct synthetic charts.
Below, for instance, is a (silly) chart of the prices of the four horsemen added together:
Below is a bit more of a useful chart – – one in which I've multiplied SLV by six and divided it by GLD to get a pretty cool ratio of the silver and gold ETFs (I've "normalized" SLV by multiplying it by six).
As you can imagine, there are all kinds of exciting possibilities with this feature. Folks using the Investools Investor Toolbox should see this feature already. Those on thinkorswim will see this incorporated Real Soon Now, so hang in there.
