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<SPAN
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Download
the file RSC Article.pdf from the files section and study it.
This
explains the RSC better than I can and should answer your
questions.
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face=Arial size=2>
The "security"
function enables you to reference a specific security or index for use as a
benchmark.
So Security("<FONT
face="Courier New">insert the full path to your benchmark or index
here",CLOSE) uses the closing price as a
reference.
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So if you want to
check out how your securities are are performing relative to the DAX
over 60 days, in an exploration you would enter ...
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PDS:=
60; {periods}
VAR1:=
Security("C:\METASTOCK\UK\FT Indices\DAX",CLOSE); {your benchmark or
index}ROC(CLOSE/VAR1,PDS,%)
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or the Dow
Jones Industrial ...
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PDS:=
60; {periods}
VAR2:=
Security("C:\METASTOCK\UK\FT Indices\DJI",CLOSE); {your benchmark or
index}ROC(CLOSE/VAR2,PDS,%)
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etc
etc
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Obviously the
location or path of the security you wish to use as a reference will be
different on your computer.
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As Roy Larsen
has pointed out you can also use either the "P" variable or "INDICATOR" like so
...
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<FONT
size=2>ROC(CLOSE/P,60,%) <SPAN
class=269275514-06102003>or <SPAN
class=269275514-06102003><FONT
size=2>ROC(CLOSE/INDICATOR,60,%) will produce the same
result.
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If you prefer this method just remember to
open your index and click on it before you do the exploration otherwise you will
get a nil result.
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<SPAN
class=269275514-06102003>Casimir
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