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Here's some simple code for Telechart users who may want to plot
relative strength versus the industry (sector) and subindustry
(industry) composites in the same chart pane. This assumes that you
have the relative strength base defined for each Telechart subindustry
(Amibroker industry) in the Amibroker categories dialog and that the
higher-level category (market and group) bases are blank.
If anyone has an idea how to define these bases without requiring that
the higher level bases are blank, it would make the code a bit more
versatile.
Hope it is of help to someone.
//////////////////////////////////////////////////////////////
IndustryBase = GetBaseIndex();
Plot(Prec(RelStrength (IndustryBase),2), "RS vs Industry Base",
colorBlack, styleDots | styleThick);
SectorBase = StrLeft(IndustryBase, 4) + NumToStr(0,1.0);
Plot(Prec(RelStrength (SectorBase),2), "RS vs Sector Base",
colorGrey40, styleDots | styleThick | styleOwnScale);
Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}}") + "
Sector Base: " + SectorID(1) + " (" + SectorBase + ")"
+ " Industry Base: " + IndustryID(1) + " (" +
IndustryBase + ")"
/*+ "\nSECTOR = "+ SectorID(1) + " INDUSTRY = "+IndustryID(1)*/;
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