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Hi
For me, the best way for plot an RSC is Jose's URSC Toolkit that you
can find here URSC Toolkit
<http://www.metastocktools.com/URSC/URSC.htm>
You can compare basically everything you want with this toolkit and
see in real % terms the RSC of that comparison.
Fire aka Spyglass, plot and RSC line between 0 and 100. What is this?
What this values represent? Compare the financial sector with the
s&p500 and you see that it's at 75. 75 what? How can we make an
analysis using such values?
Among many others things, that is why Jose's URSC Toolkit beats
everything outhere.
regards
Fernando
--- In equismetastock@xxxxxxxxxxxxxxx, "artopliffmd" <artopliffmd@xxx>
wrote:
>
> Does anyone know how to create an external relative strength indicator
> for Metastock that would compare a stocks performance to the S and P
> maybe in 4 timeframes.
>
> (ROC 20 days, 60 days, 120 days, 250 days) or any other ideas. I have
> a commercial one spyglass but it is a pain to use
>
> Once this is created how do you link it to the index for comparison?
> Any one know the parameters IBD uses for relative strength?
>
> Many thanks
>
[Non-text portions of this message have been removed]
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