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hmm if you use the rs indicator thattomasz
has built into ami you should get nothing the graph with a message up the top
left corners saying axo/axo rs ==1 (stock the same)
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Geoff
Mulhall
To: <A title=amibroker@xxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Sunday, March 18, 2001 1:38
PM
Subject: Re: [amibroker]
RELSTRENGTH
G'day,
I have XBF as the index for Bankingsetup in
Ami for that Ami Industry.
I have an indicator (Thanks to David H &
Tomasz) - graph0 = RELSTRENGTH(""); showing in a window.
When I click on XBF and view its chart -I don't
get a horizontal straight line graph as I would expect when I compare the
index to itself.
I must be doing something wrong.
I do have scaling set to Automatic and grid lines
set to limit
Any ideas ?
Thanks,
Geoff
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Cloonan
To: <A title=amibroker@xxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Sunday, March 18, 2001 7:46
AM
Subject: Re: [amibroker]
RELSTRENGTH
Tomasz,Thanks - I had the feeling I was missing
something. (now I have somethingnew to play
with)regardsRichard----- Original Message
-----From: "Tomasz Janeczko" <<A
href="">tj@xxxx>To: <<A
href="">amibroker@xxxxxxxxxxxxxxx>Sent:
Sunday, March 18, 2001 6:54 AMSubject: Re: [amibroker]
RELSTRENGTH> Hi Richard,>> It works that
way!>> If you specify an empty string as an argument>
RelStrength("");>> AmiBroker will use base stock defined in
Categories/Markets>> Best regards,> Tomasz
Janeczko> ===============> AmiBroker - the comprehensive share
manager.> <A
href="">http://www.amibroker.com>>>
----- Original Message -----> From: "Cloonan"
<cloonan@xxxx>> To:
<amibroker@xxxxxxxxxxxxxxx>> Sent: Saturday, March 17, 2001
9:31 AM> Subject: Re: [amibroker] RELSTRENGTH>>>
> Tomasz,> >> > To follow on from Geoff's original
request.> >> > My understanding is that at the present
it is only possible to use> > RelStrength() against a single index
as in your example below whichcompares> > it to the Australian
All Ordinaries (XAO). What could be useful wouldbe to>>
allow a comparison against say each stock's industry index.>
>> > It seems to me that we just need some variables which
carry the relevant> > industry & sector index names that we
can reference. This capabilityseems> > to be an implied in the
Categories window where indexes can be set for> > markets,
groups and industries.> >> > Have I missed the
point on these assignments?> >> > regards> >
Richard> >> >> > ----- Original Message
-----> > From: "Tomasz Janeczko" <tj@xxxx>>
> To: <amibroker@xxxxxxxxxxxxxxx>> > Sent: Saturday,
March 17, 2001 6:40 PM> > Subject: Re: [amibroker]
RELSTRENGTH> >> >> > Hi Geoff,>
>> > 1. Yes you can, but please remember about two
things:> > a) RelStrength() function needs an index
ticker to compare to, forexample> > "XAO" (ASE all ordinaries
index)> > b) RelStrength() values are not normalized,
so they are different foreach> > stock. This means that you
can only get> > resonable
results if you check for rising/falling RelStrength orif> >
you detect a new high or new low.>
> Absolute levels (such as 1) donot
work.> >> > 2. Use graph1 = RelStrength( "XAO" );to
generate relative strength of> > currently selected stock compared
to the index.> >> > 3. Comparative Relative Strength is
calculated by simply DIVIDING the> > closing price of currently
selected stock by the closing> > price of BASE
stock (usually an index):> >> >
RELSTRENGTH = CLOSE / CLOSE_OF_BASE_STOCK;> >> >>
> Best regards,> > Tomasz Janeczko> >
===============> > AmiBroker - the comprehensive share
manager.> > <A
href="">http://www.amibroker.com>
>> > ----- Original Message ----->
> From: Geoff Mulhall> > To:
amibroker@xxxxxxxxxxxxxxx> > Sent: Friday, March 16,
2001 10:48 AM> > Subject: [amibroker]
RELSTRENGTH> >> >> > G'day
Tomasz,> >> > Can you assist with the
following please ?> >> > 1. Can I use
RELSTRENGTH in an Auto Analysis over a selected industry> > (using
a filter to choose the industry) to return all those stocks
withsay> > ma(relative strength(), 30) > 1 say ? (Assuming
I have set up the base> > indices correctly of course).>
>> > 2. If not, can I plot the relative strength in
a separate chart window> >> > graph1 =
RELSTRENGTH(); - doesn't work because there is no argumentfor>
> the ticker.> >> > 3. Would you have a
reference you could point me at on RELSTRENGTH.(I'm> > wanting
to use it to create a watch list as per Weinsteins 'Secrets of> >
Profiting in Bull & Bear Markets') so I want to understand
howRELSTRENGTH> > is calculated in AmiBroker.>
>> > Thanks again,> >>
> Geoff> >> >> >
RELSTRENGTH SYNTAX relstrength( "tickername" )>
> RETURNS ARRAY>
> FUNCTION
Calculates relative strength of currently selected> > security
compared to "tickername" security>
> EXAMPLE relstrength(
"^DJI" )> >> >>
> Yahoo! Groups
Sponsor> >>
> Click Here to Find
Software Faster> >> >> > Youruse
of Yahoo! Groups is subject to the Yahoo! Terms of Service.>
>> >> >> >> >>
>> >> > Your use of Yahoo! Groups is subject to<A
href="">http://docs.yahoo.com/info/terms/>
>> >>>>>>> Your use
of Yahoo! Groups is subject to <A
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