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[EquisMetaStock Group] Re: Relative Strength Comparison Analysis



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Thanks for the reply, Super and also for clarifying the IBD 
methodology. I do have Excel but I hardly ever use it and I 
certainly could not be considered proficient. I do know how to copy  
the Metastock list that I produced but I get strange results when I 
attempt to paste the results in Excel. Could you share the steps to 
paste the list in excel and have it numbered?

I did take a look at the Splglass product. I was attempting to see 
if I could come up with a usable alternative (and cheaper :-)). 
Thanks again for your assistance!

Charles 

--- In equismetastock@xxxxxxxxxxxxxxx, superfragalist <no_reply@xxx> 
wrote:
>
> 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@>
> 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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