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Hi,
>I there a way to build and afl search for
>relative strength eg search the data base for anything that is trending above the >xao ?
Yes it is possible. If you want to find the stock that are stronger than "XAO" index
you can use the following formula:
strength = RelStrength( "XAO" );
maxstrength = Highest( strength );
buy = graph0 = strength > 0.9 * maxstrength;
- where 0.9 is detection threshold
BTW: Next version of AmiBroker will enable a better way :-)
Best regards,
Tomasz Janeczko
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