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I have done an exploration which select securities that was in a
150EMA downward trend BUT just moving upwards with the closing price
crossover the 150EMA.
My next requirement will be to gauge these selected securities against
the base index, in this case the KLCI (Malaysia's KLSE index). I guess
this what they called Comparative Relative Strength that compares a
security's price change with that of a "base" security.
My question …. Is it possible to create an INDICATOR to apply to each
of the selected securities in order to VISUALLY show the Comparative
Relative Strength in another window?
Thanks & best regards,
Csong
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