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Re: RELATIVE STRENGTH COMPARATIVE



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I believe the Relative Strength Comparative can be made to work. I use MS
ver.7.02 eod.

Display the index to be used for the comparison as a smart chart and click
on it to highlight it.
This will become "P". Make sure you highlight it otherwise the exploration
does not
seem to be able to "see" P.

Ensure you load say at least 1000 records (under options)
I use close in column A (again just "C" does not always seem to work but
"close" does)
I use C/P in column B
I use a filter on volume to eliminate the illiquid stocks. (eg mov(v,30,s)
>= 500000)

Run the exploration (note it runs quite slowly) and sort descending on col B
You should have the best performing stocks (relative to the index used) on
top of column B

Regards Martin


----- Original Message -----
From: "H. Mark Hubey" <HubeyH@xxxxxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Wednesday, October 18, 2000 1:04 AM
Subject: Re: RELATIVE STRENGTH COMPARATIVE


>
>
> Alexandros Spiroglou wrote:
> >
> > Does any of the list members know how to do explorations with "Relative
strength comparative index" (not RSI). i.e. I am trying to do an exploration
on which stocks are outperforming a particular index
>
> If you follow the math a little you'll see that RSI is
> really
>
> RSI= u/(u+d)*100
>
>
> where u=number of ups and d=number of downs.
>
>
> > warmest regards
> > alex spiroglou
> >
> > _______________________________________________________________________
> >
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>
> --
> Regards, Mark
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