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Csong,
Yes it can be done.
Use the security() function to first create an
indicator to specify the data for the Index. Then use the "P" function to make
an RSC plot of the comparison between the price plot and the index.
DusantChief Architect<A
href="">http://www.candlestrength.com/
----- Original Message -----
From: "csong60" <<A
href=""><FONT face=Verdana
size=2>arlie@xxxxxxxxxxxx>
To: <<A
href=""><FONT face=Verdana
size=2>equismetastock@xxxxxxxxxxxxxxx<FONT face=Verdana
size=2>>
Sent: Sunday, July 18, 2004 1:21 PM
Subject: [EquisMetaStock Group] Comparative
Relative Strength – can it be shown visually in another
window?
<FONT face=Verdana
size=2>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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