MetaStock™ Zone Forum & FAQ Artykuły Linki Elliott Waves EasyLanguage™ Zone

A B C D E F G H I J K L M N O P R S T U V W Y Z #

Relative Strength of Stock to Index by Frederick W. McKenzie

Here is what I have been using as Relative Strength (RSC) Compared to the XAO.

 

Relative Strength of Stock to Index

Column A:
CLOSE

Column B:
If( (Ref(Div(CLOSE,P),-4) > Ref(Mov(Div(C,P),30,E),-4)),1,0)

Column C:
If( (Ref(Div(CLOSE,P),-3) > Ref(Mov(Div(C,P),30,E),-3)),1,0)

Column D:
If( (Ref(Div(CLOSE,P),-2) > Ref(Mov(Div(C,P),30,E),-2)),1,0)

Column E:
If( (Ref(Div(CLOSE,P),-1) > Ref(Mov(Div(C,P),30,E),-1)),1,0)

Column F:
(( C/P - Mov(C/P,30,E)) / Mov(C/P,30,E)) * 100

Filter:
Div(C,P)> Mov(Div(C,P),30,E) AND colB=1 AND colC =1 AND colD = 1 AND colE =1

 

 
I name columns B - E period 1, 2, 3, etc.

Open The chart of the index you wish to get the relative strength of the securities on make periodicity "Week".
In the options area of the exploration editor change to Week. This formula will select securities that have out perform the index over the last 5 weeks. The formula in column F provides a way to rank the securities in terms of their recent performance relative to the index.

Frederick W. McKenzie

fmckenz@primus.com.au

 
Source / From: TOP
http://www.guppytraders.com

Equis and MetaStock® and MetaStock Professional® are registered trademarks of Equis International. Achelis Binary Wave®, The DownLoader®,
Expert Advisor®, OptionScope®, Quotecenter® and Smart Charts® are trademarks of Equis International, a Thomson Reuters company.

TradeStation® Pro, TradeStation® 2000i, OptionStation®, SuperCharts®, PowerEditor® and EasyLanguage®
are registered trademarks of TradeStation Technologies, Inc. Other names and marks referred to are the property of their respective owners.

All information provided on this website is for educational purposes only. Trading involves risk, including possible loss of principal and other losses.

Ten i inne materiały na tej stronie zostały zamieszczone zostały jedynie w celach edukacyjnych, nie ponoszę żadnej odpowiedzialno¶ci za ich stosowanie.

Gra na giełdzie i rynkach walutowych (FOREX) niesie ze sob± ryzyko poważnych strat finansowych!