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Steve.
Problem resolved by doing the following.
For Broad market average
Dispensed with foreign and simply used Relstrength(ticker of average).
For Industry Rel Strength
GetBaseindex used with industrial segment specific ATC based
indices set as base indices for respective sectors in
Symbol------>Category----->Industry
Thanks very much for responding.
Regards
Rakesh
On 11/30/05, Steve Dugas <sjdugas@xxxxxxxxxxx> wrote:
Hi,
No, TKRNM will either be 1 or 0, depending on
whether SetForeign has found the ticker you specified. ( BTW, no need to assign result of
SetForeign to a variable unless you are planning to test it to
verify that it found the foreign ticker OK. )
I don't know who your data provider is or what they
supply - I am using TC2K at the moment, and I have filled in the base index
for each industry so that, by just calling GetBaseIndex(), I can automatically
get the correct industry index for each ticker. For broad market, I just call
SP500 by name since I use that for all tickers. I usually just use
Foreign() if I only need Close, or SetForeign/RestorePriceArrays if I need more.
I thiink either way would work for ATC tickers also. Let me know if this answers
your question...
Steve
----- Original Message -----
Sent: Tuesday, November 29, 2005 7:26
PM
Subject: Re: [amibroker] AB Help files
and Base Index for Relative Strength
Hi Steve,
Thanks for your response. To elaborate a bit
further on the issue - if I want to check for strength vis-a-vis a broad
market average such as the S&P 500 for instance and also relative strength
within an industry/group using an index created with ATC, one would have to
use the setforeign function? If that be the case is the following the correct
usage of setforeign and relstrength
functions:-
TKRNM=SetForeign("CNX500",fixup=True,tradeprices=False);
RSC=RelStrength("tkrnm",fixup==1
);
Thanks once again for your help.
Regards
Rakesh
On 11/30/05, Steve Dugas <sjdugas@xxxxxxxxxxx>
wrote:
>
>
Hi - You can only use one Base Index and the order of precedence is
>
> Group > Industry > Market
>
> It will retrieve the first one that you have
filled in, so if you want RS for Industry, don't fill in RS on the
Groups tab. If you want to use Market, leave both the other tabs
blank.
>
> Steve
>
>
> ----- Original Message
-----
>
From: Rakesh Sahgal
>
To: Amibroker Yahoogroup
> Sent: Tuesday,
November 29, 2005 9:15 AM
> Subject:
[amibroker] AB Help files and Base Index for Relative
Strength
>
> Hi all,
>
>
Am confused about setting of Base Index for
Rel Strength via Symbol--->Categories. The Base Index can be
set both for group and sectors. The GetBaseIndex()
function is used to retrieve which base index value,
that for the group or the sector? If this brings
the base index value for the group how does
one retrieve the base index value for the
sector?
>
> Also the AFL help had links to the AB
server clicking on which, would bring up the relevant
page with examples of usage of the function in
question. Yesterday I clicked on help and found that the
link was missing. Have I messed up the help files or
the new help files do not have the links anymore? The
ver. of AB that I am using is 4.74.6beta.
>
>
TIA for any help
> Regards
>
>
> Rakesh
>
>
>
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