These instructions will explain how to create your own indexes in Bodhi5. Bodhi5 has a built-in private index builder. This index builder allows you to specify the securities you wish to track and then save them as an index. You can also choose to weight your securities by entering numbers into the Weight column. If you are making an index from the securities you own you could weight them according to the volume or total price they hold in your portfolio.
Bodhi5 creates the index by averaging the prices (open, high, low, close, volume and open interest) of your group of securities. This index is treated like any other security that comes directly from the Stock Exchange.

Private Indexes are created when Bodhi5 is exporting information. You can change what securities are used in any of your private indexes by simply changing the securities in the saved ticked list.

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Creating Private Indexes

Private Indexes can be used as a valuable indication of your personal trading portfolio. Once created you can use simple moving average techniques (included in your charting software) to see if your portfolio is in an up or down trend. You can compare your index against other ASX Indexes created from Market Capitalisation as opposed to price volatility. You can create indexes based on a watch list of securities or break down the ASX Industry sectors to smaller nominations.

To create a Private Index you need to tick the securities you want to be part of your index then save the ticked list ensuring that you have selected Create Index. Once saved you can clear the ticked selection - you are not required to keep these securities ticked. In fact, there is no requirement to update any of these securities.
NOTE: If you want to change your history you will need to re-import/export the updated index.

For this tutorial we will create a private index based on some Banking securities trading on the Australian Securities Exchange.
1. Open Bodhi5 and click on the Configure button.

   

2. The Configuration screen will appear. In the Finance tab, double-click on Australia then Australian Securities Exchange then Equity to open the list of Equities trading on the ASX.

   

   This displays the entire list of the Australian Securities Exchange's Equities. They are sorted alphabetically by ASX Code.

   

3. Tick the box next to these Bank securities: ANZ; BEN; BOQ; CBA; NAB and WBC. When finished, the Ticked section of the screen should display the number 6.

   

4. From the menu, click on Tick then Save. The Save Tick List box will appear.

   

   Enter a name in the drop-down box (i.e. Banks) and tick the Create Custom Index box. Then exit the box by clicking on the red [x] button.
5. The Weightings screen will now appear. This screen displays the list of symbols you selected with the weighting set to 1.

   

   If you leave the weighting set to 1, Bodhi5 will weight your securities evenly. For the sake of this tutorial we will weight our Banks according to the percentage they hold in value in our portfolio.
6. To change these values, double-click the corresponding cell and enter the following: ANZ = 20 ; BEN = 5 ; BOQ = 10 ; CBA = 15 ; NAB = 40 ; WBC = 10.

   

   When you have entered all the values, exit the Weightings screen by clicking the [x] button.
   Note: You can change the weighting at any time by loading the list then resaving it.
7. If you do not have any Equities selected (ie. Bundle = none), tick a symbol (your new index will not appear until after Catchup).
8. Put your Imported and Exported dates back to the date you want to start exporting data for this index.
   Note: History for Bodhi5 is available for download for the past 6-months. More data is available for purchase in our Bodhi History CD.
9. To ensure that your new index will display in the list, select AdvDec from the View menu (it will have a tick next to it when selected).

   

10. Exit the Equity screen by clicking the [x] button.
11. Exit the Configuration screen by clicking the [x] button.
12. Connect to the Internet and click Catchup. When finished, go back into your Equities list. Your new index will be at the top of the list with a symbol starting with an exclamation mark (!) followed by the letters CI (Custom Index).

    

Changing the securities or weighting in the Index

If you wish to add or subtract some securities from your private index, do the following:
1. Open Bodhi5 and click on the Configure button.

   

2. The Configuration screen will appear. In the Finance tab, double-click on Australia then Australian Securities Exchange then Equity to open the list of Equities trading on the ASX.

   

   This displays the entire list of the Australian Securities Exchange's Equities. They are sorted alphabetically by ASX Code.

   

3. From the menu choose Tick then Load. Select the desired list from the TickLists box then exit [x] the box.

   

4. Your tick list will now load. Tick or untick the securities as desired.
5. From the menu choose Tick then Save. Select the name of the list from the drop-down box.
6. Exit the box by clicking the [x] button. If you want to change the weighting of any of these securities, tick the Create Index box. This will open the Edit Weightings screen so you can make your changes. Exit [x] this screen to save the changes.