Re: [amibroker] Re: RSI

["Anthony Faragasso" <ajf1111@xxxxxxxx>]

Alan,
 
Load into Indicator builder..select show dates..insert your base markets as
per your data provider...I use Yahoo...click apply....
 
this formula can also be used in the AA window...
 
//Relative Strength comparison %

period = 250;

//insert Base markets
basemkt1="^ndx";//must be enclosed in quotation marks
basemkt2="^gspc";//must be enclosed in quotation marks

BaseMkt=basemkt1;//Select Base market....

x = Foreign(BaseMkt,"C") - Ref(Foreign(BaseMkt,"C"),-period);
x = (x / Ref(Foreign(BaseMkt,"C"),-period)) * 100;
y = C - Ref(C,-period);
y = ( y / Ref(C,-period)) * 100;
rs = y - x;

Color=colorBlue;//line color

Plot(rs,EncodeColor(colorBlack)+"Relative_Strength of ..
+EncodeColor(Color)+Name()+EncodeColor(colorBlack)+".. as compared to 
+WriteIf(basemkt==basemkt1,EncodeColor(color)+"^NDX"
WriteIf(basemkt==basemkt2,EncodeColor(color)+"^GSPC","")),color,styleLine);
 
Filter=1;
AddColumn(rs,"RS_%",1.2);
Anthony
 
-------Original Message-------
 
From: amibroker@xxxxxxxxxxxxxxx
Date: Friday, March 14, 2003 13:26:43
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Re: RSI
 
Thanks Anthony,
 
I jsut paste the code to IB but the window is empty. Should I do 
anything alse?
 
Alan
 
--- In amibroker@xxxxxxxxxxxxxxx, "Anthony Faragasso" <ajf1111@xxxx> 
wrote:
> Alan,
>  
> Here is what I use:
>  
> //Relative Comparison %
> period = 250;//Period of relative Comparison
> BaseMarket="^ndx";//select Base market
> x = Foreign(BaseMarket,"C") - Ref(Foreign(BaseMarket,"C"),-period);
> x = (x / Ref(Foreign(BaseMarket,"C"),-period)) * 100;
> y = C - Ref(C,-period);
> y = ( y / Ref(C,-period)) * 100;
> rs = y - x;
> Filter=1;
> AddColumn(RS,"RS_%",1.2);
> Anthony
>  
> -------Original Message-------
>  
> From: amibroker@xxxxxxxxxxxxxxx
> Date: Friday, March 14, 2003 12:50:55
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] RSI
>  
> Has anybody developed a formula that calculates and shows the RS of 
a 
> certain stock compare to list of stocks (such as N100). Something 
> similar to RS in Investor Business Daily.
>  
> Alan
>  
>  
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