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First IBD doesn't compare each stock to a base index. IBD uses
External Relative Strength which compares every stock to every other
stock in the population someone is using.
I've tested many ranking formulas and External Relative Strength works
better as a filter than any of the other method including Relative
Strength Comparatives, which is what you are talking about.
If you want an ERSC ranking that is the same as the IBD ranking, the
old SpyGlass plugin does that. It's called Fire now.
SpyGlass puts a ranking value from 1 to 100 on each stock in the ERSC
comparison population and the numerical value means the same thing
from week to week and can be used in the tester.
RSC values are meaningless in the tester because they are a relative
number only and do not have the same meaning from week to week.
As far as counting goes, Roy uses a dll function in the explorer that
can count but I don't think it can sort on the highest value. I don't
use it so Roy will have to explain it.
You can always export your list to excel and have excel sort and
number them.
Super
--- In equismetastock@xxxxxxxxxxxxxxx, "cherotree1" <mass54thcob@xxx>
wrote:
>
> I am using this formula ROC(MOV((C/P),26,S),1,%), and comparing it to
> a base index, to generate a list of securities which I can then sort
> by either Relative Strength, Symbol or Security Name.
>
> My question to the group; is it possible to have the printed output of
> this list numbered i.e. number 1 for strongest, up to the last number
> in my list. Or, is it even possible to rank this list similar to the
> RS rankings that are listed by Investors Business Daily (maybe 100-
> strongest to 0-weakest). Any and all replys are appreciated. Peace!
>
> Charles
>
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