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RE: On RS, was Re: [amibroker] compare two RSI



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<FONT face=Arial color=#0000ff 
size=2>Herbert,
go to 
preferences/indicators. bottom rt is default relative strength base. enter your 
choice then press apply. I just tried it and it works for me  
:)
 
Regards, 
Jayson 
<FONT face=Tahoma 
size=2>-----Original Message-----From: Herbert Elstein 
[mailto:herty@xxxxxxxxxxxxxxxx]Sent: Thursday, December 04, 2003 
11:21 AMTo: amibroker@xxxxxxxxxxxxxxxSubject: Re: On RS, 
was Re: [amibroker] compare two RSI
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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