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Hi! Dusant,
I noticed that my MS7.2 has an indicator named "Relative Strength
Comparative" but I am unable to view its code. Any idea whether this
indicator does the same thing?
Best regards,
csong
--- In equismetastock@xxxxxxxxxxxxxxx, "Dusant" <dusant@xxxx> wrote:
> 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.
> Dusant
> Chief Architect
> http://www.candlestrength.com/
>
> ----- Original Message -----
> From: "csong60" <arlie@xxxx>
> To: <equismetastock@xxxxxxxxxxxxxxx>
> Sent: Sunday, July 18, 2004 1:21 PM
> Subject: [EquisMetaStock Group] Comparative Relative Strength - can
it be shown visually in another window?
>
>
> 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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