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[amibroker] to Rakesh Sahgal comparative RS



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Dear Rakesh,
Could u do me a favor to send me by email the broker.sector & broker 
industries file so that i too can have the sector wise script 
distribution.
Thanks
sanjayt

--- In amibroker@xxxxxxxxxxxxxxx, Rakesh Sahgal <rakeshsahgal@xxxx> 
wrote:
> Here is what I do:
> 
> [1] I generate industry indices using AB.
> 
> [2] all the indisutry indices are marked as indexes
> using the property (index check box).
> 
> [3] They are kept in a separate group. The base index
> for this group is set as the broad market index which
> in my case is the NSE500. You could set any that is
> relevant to your market.
> 
> [4] This gives you the relative strength of each
> sector vis-a-vis the broad market.
> 
> 
> HTH
> 
> Regards
> 
> Rakesh
> 
> --- Yuki Taga <yukitaga@xxxx> wrote:
> 
> > The docs are (stop me if you have heard this one
> > before) not so
> > helpful for me.  ^_-
> > 
> > On the Tokyo exchange, there are 33 sub indices.  I
> > would like to
> > compare all 33 sub indices against broader market
> > averages.  This is
> > comparative RS, as I understand it.
> > 
> > I have poured over the list archives, but I have
> > uncovered nothing
> > that allows me to explore and return values for each
> > of the 33 sub
> > indices compared to, say, the TOPIX (^IXJ) index. 
> > When I try to plot
> > RS of various sub indices, I get numbers than are
> > not bounded by 0 to
> > 100, which seems odd to me.
> > 
> > When I look up RS in the help file, I find nothing
> > about periodicity,
> > which I also find rather strange.  Certainly
> > comparative RS must be
> > measured over some period of time, must it not?  Am
> > I completely
> > nuts?
> > 
> > In the docs, I find, as an example:
> > 
> > EXAMPLE relstrength( "^DJI" )
> > 
> > I'm sorry, but for someone out there, I'm sure this
> > is an example.
> > For me, it's just absolutely meaningless.  It is so
> > far from helpful
> > that it may as well not even be there.  ^^_^^
> > 
> > Yuki
> > 
> > P.S. An *example* is a *fully* *explained* way of
> > using or employing
> > something, not a cryptic, MAN-page-esque assumption
> > that the reader
> > knows something that, in fact, the reader my have
> > absolutely no
> > understanding about.  This (above) is not an
> > example!  Think about
> > it.  There is no explanation of why the "example"
> > doesn't follow the
> > pattern of the syntax, or whether that is even
> > important.  There is
> > not even a semi-colon after the statement, something
> > I am reasonably
> > sure would be necessary.  It is NOT an example . . .
> > of anything.  I
> > am sorry.
> > 
> > I should think, at the very least, someone is going
> > to try and get
> > something out of an exploration with this
> > information.  An
> > appropriate addcolumn() statement as an example
> > would be a fine why
> > to go about this.  One might actually learn
> > something.
> > 
> > USAGE is what is important, NOT abstract theory. 
> > People want to know
> > how to USE this information, with examples.
> > 
> > TJ, I understand your frustration.  Please try and
> > understand mine. I
> > go through documents for hours.  It is a circular
> > and incredibly
> > time-wasting fishing trip, usually.  And I am
> > nothing if not stupid.
> > But I do not come at this from a mathematical or
> > programmatic
> > background.
> > 
> > 
> 
> 
> 
> 		
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