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



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Herbert ,
 
Are you in a Custom Indicator Window ? 

 
Do you have a Title= xxx/^DJI;  somewhere 
?
 
Anthony
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Herbert 
  Elstein 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Thursday, December 04, 2003 12:17 
  PM
  Subject: Re: On RS, was Re: [amibroker] 
  compare two RSI
  
  Jayson,
   
  Yes, but when you look at one of the charts 
  containing this indicator the title on the RS pane is still XXX/^DJI 
   !?
   
  Regards,
  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 6:41 
    PM
    Subject: RE: On RS, was Re: [amibroker] 
    compare two RSI
    
    <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: <A 
    href="">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: 
      <A title=jcasavant@xxxxxxxxxxx 
      href="">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,
      <FONT face=Arial color=#0000ff 
      size=2>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"<FONT 
        color=#000000>, colorRed, styleLine);
        <SPAN 
        class=569451504-04122003><FONT color=#000000 
        size=1> 
        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("<SPAN 
          class=536582803-04122003>^IXIC","C")) ;<FONT 
          color=#282828>
          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 
          face=Arial>(<FONT 
          color=#ff00ff>"<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 
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