municipal
12 posts
msg #78794
- Ignore municipal |
9/8/2009 3:12:03 PM
Hi,
Is it possible to create a filter to find HIGH RELATIVE STRENGTH (RS) stocks?
Thanks for your help, Willie
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Kevin_in_GA
4,599 posts
msg #78802
- Ignore Kevin_in_GA |
9/8/2009 4:12:44 PM
Yes. In fact it is quite simple.
I am assuming that you are new to the site, so please do not be upset if I make this simplisitc. The RSI typically measures a stock's strength relative to the S&P500, and the default setting is a 14 day window. Hence the RSI(14). If this is the timing you would like to use, and assuming that this is the only indicator you wish to use as a screen, try the following
you may want to add price constraints as well:
Hope this helps.
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TrendSurfer
109 posts
msg #78826
- Ignore TrendSurfer |
9/8/2009 9:34:33 PM
Relative Strength Index - RSI is technical momentum indicator and has NOTHING TO DO with Compariable Relative Strength.
If you want RS, this should get you going. Just add whatever else you want to qualify your scan results.
Cheers,
TS
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