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Re: Relative Strength Comparative Calculation Warning!



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Yes, you are absolutely correct.  I hope they can implement a correction for
this soon as this function is an important part of my work.

Bruce Giroux

-----Original Message-----
From: Daniel Martinez <DanM@xxxxxxxx>
To: Equis Metastock Listserv Post <metastock@xxxxxxxxxxxxx>
Cc: Quotes-Plus <gary@xxxxxxxxxxxxxxx>
Date: Tuesday, November 10, 1998 9:27 AM
Subject: Relative Strength Comparative Calculation Warning!


>MetaStock & Quotes-Plus Users:
>This is a warning to MetaStock users who use the Relative
>Strength Comparative (RSC) feature in MetaStock.  As you know, I
>have been notifying Quotes-Plus about missing dates in their
>data.  If a single date is missing and you use that ticker in a
>composite, the calculation for that composite will be incorrect.
>
>This morning, I realized this could also apply to the RSC.  I
>called Equis and confirmed this.  If a single date is missing and
>you do a RSC, your figures will probably be incorrect.
>Therefore, I recommend you use the Downloader and verify either
>that the number of records is the same or write down the last
>figures in each ticker.  Then manually calculate and compare to
>what shows up in MetaStock.
>
>For some reason, Equis never wrote code for their composites or
>RSC's to make sure the dates were identical.  They should write
>code to drop any dates which are missing and simply not place
>them on the chart.
>
>Daniel.
>
>