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Hello,
You probably confusing RSI with RS.
RSI moves between 0...100
while RS is a comparative relative strength
which is computed by dividing price of "current" symbol
by "base" symbol (index)
and its absolute value has no meaning the only thing that
means is a direction of the trend (rising / falling)
that represents increasing or decreasing strenth of the stock
compared to base security.
For more details consult AmiBroker's Users' Guide.
Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message -----
From: "kailash pareek" <johnnypareek@xxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Saturday, October 05, 2002 9:11 AM
Subject: [amibroker] RS above 85. how?
> hi,
>
> I came across an article suggesting to trade long side
> of stocks whose RS is above 85.
>
> Now, In AB some stocks shows RS value of 350 or even
> 500 as in-build indicator. Is it correct?
>
> Kailash K Pareek
>
>
>
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