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Jayson,
I meant the built-in RS. From Insert >
Standard Chart > Relative Strength. The reference index can be
changed in the preferences but the title does not
change.
Thanks for troubling;
Herbert
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Jayson
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Thursday, December 04, 2003 4:40
PM
Subject: RE: On RS, was Re: [amibroker]
compare two RSI
<FONT face=Arial color=#0000ff
size=2>Herbert,
show
us the code....
Regards,
Jayson
<FONT face=Tahoma
size=2>-----Original Message-----From: Herbert Elstein
[mailto:herty@xxxxxxxxxxxxxxxx]Sent: Thursday, December 04, 2003
2:43 AMTo: <A
href="">amibroker@xxxxxxxxxxxxxxxSubject:
On RS, was Re: [amibroker] compare two RSI
Hi,
I wish to use the RS that's in the Indicator
Builder, but with another index. So I changed the ^DJI index in the
preferences to the one I want: ^TA100. Problem is that on the chart
the title ^DJI remains, i.e. Stock/^DJI. Is this a "typo" or isn't the
preference applying the change? In other words to which index am I now
comparing the stock?
Herbert
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=jcasavant@xxxxxxxxxxx
href="">Jayson
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Thursday, December 04, 2003 7:08
AM
Subject: RE: [amibroker] compare two
RSI
<FONT face=Arial color=#0000ff
size=2>Rik,
<FONT face=Arial color=#0000ff
size=2>You are correct that relstrength uses close data rather than RSI. It
can be a useful indicator however for finding if your base stock is leading
or trailing the index. It is simple to read. If the line is rising the stock
is out performing the index, if the line is falling the reverse is true. If
the line is flat then the two are moving in harmony. Note that your stock
may be in a steady climb but if the indicator is flat it is telling you that
the index is steadily climbing as well. A move one way or the other from a
flat period indicates a divergence is setting up. This can often lead to
break out of a consolidation or a stalling of a
trend.
Regards,
Jayson
<FONT face=Tahoma
size=2>-----Original Message-----From: Rik Rasmussen
[mailto:hrasmussen@xxxxxxxxx]Sent: Wednesday, December 03, 2003
11:21 PMTo: amibroker@xxxxxxxxxxxxxxxSubject: RE:
[amibroker] compare two RSI
<SPAN
class=569451504-04122003>This plots a comparison but I am not exactly sure
what it is showing me.
<SPAN
class=569451504-04122003>
<SPAN
class=569451504-04122003>
a = RelStrength<FONT
face="Courier New" size=1>(<FONT face="Courier New" color=#ff00ff
size=1>"^IXIC"); <FONT
color=#0000ff size=1>
Plot ( a , <FONT color=#ff00ff
size=1>"compare to IXIC",
colorRed, styleLine);
<SPAN
class=569451504-04122003>
Thanks
Jayson
<FONT color=#000000
size=1>
Rik
Rasmussen
<FONT face=Tahoma
size=2>-----Original Message-----From: Jayson
[mailto:jcasavant@xxxxxxxxxxx]Sent: Wednesday, December 03,
2003 10:42 PMTo: amibroker@xxxxxxxxxxxxxxxSubject:
RE: [amibroker] compare two RSI
<FONT face=Arial color=#0000ff
size=2>Rik,
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>You could plot the two RSI values by calling
rsia(foreign("^IXIC","C") and then doing the math on the 2 values.
Something like...
<FONT face=Arial color=#0000ff
size=2>
<FONT
face=Arial>x=RSI(14<FONT face=Arial
size=2>);
<FONT color=#0000ff
size=2>y=RSIa(Foreign("^IXIC","C"))
;<FONT color=#0000ff
size=2>
Plot<FONT
color=#282828 size=2>(x-y,<FONT color=#ff00ff
size=2>"Comparative",<FONT
color=#ff00ff size=2>4,<FONT
color=#ff00ff size=2>1<FONT
face=Arial>);
Title<FONT
face=Arial>="Base RSI
"+x+" Index RSI
"<FONT face=Arial
color=#0000ff>+y;
<FONT face=Arial
color=#0000ff>
<FONT
color=#0000ff>Another alternative would be to
simply use.....
RelStrength<FONT
size=2>("<SPAN
class=536582803-04122003>^IXIC"<FONT
color=#282828>);
<FONT
color=#0000ff>
Regards,
Jayson
<FONT face=Tahoma
size=2>-----Original Message-----From: Rik Rasmussen
[mailto:hrasmussen@xxxxxxxxx]Sent: Wednesday, December 03, 2003
9:46 PMTo: AmibrokerSubject: [amibroker] compare two
RSII would like to compare two RSI.I have
checked the library but did not find anything to do this.Example:
select ^NYA have an indicator that compares the RSI of the
selected^NYA with another index such as ^IXIC.Indicator would
be a line turning up if selected index has stronger RSI,down when
other index has stronger RSI.Goal is to compare RSI of two
markets, NYSE vs NASDAQ.Anyone have a code to do
this?Rik RasmussenSend BUG
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