[amibroker] Question on RS, possibly for Tomasz

["Quad Rate Serial Abby" <quad_pumped_abby@xxxxxxxxx>]

I would like to do an exploration for the change in RS of a sector
over various periods, say one week, two weeks, etc.  I extracted the
RS of the sector versus the S&P Equal Weight Index using:

Strength = RelStrength ( "SPEW-X", fixup = 1 );

Then I found the change over the time periods in question.

Of course, when you look at a plot of the RS for a symbol or sector it
appears the numerical value of the RS is directly correlated to the
price of the underlying.  Thus, the numerical change in RS would be
meaningless against a different priced sector.  

I thought the simple solution was to divide the RS value by the
closing price, thus normalizing the results.  But this caused the RS
charts and values to be identical for every sector.  

Is what I'm trying to do an impossibility with Amibroker or is my
approach all wrong?  Any help would be appreciated.

Thanks,

Bret




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