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[EquisMetaStock Group] Re: Creating an external relative strength indicator



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--- In equismetastock@xxxxxxxxxxxxxxx, "Fernando Santos" 
<ptc_man3@xxx> wrote:

For a normal trend strength you can use GMMA which can you get from 
wilson tech stat. It is free. Regarding URSC, I dont wish to say 
anything on this toolkit. no body knows that maybe your trading 
result might end up or being stoped out from trading :)

Try to use something use simple but useful.

>
> 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@>
> 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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