poindexter
21 posts
msg #35406
- Ignore poindexter |
3/22/2005 2:36:41 AM
Hi all
I was wondering if anyone here knows how to build a relative strenght indicator:
Price of stock XYZ / Price of market average (i.e. NASDAQ, S&P 500 etc.)
Thanks and good trading
Poindexter
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DasKapital
36 posts
msg #35407
- Ignore DasKapital |
3/22/2005 9:29:14 AM
poindexter,
SF provides "compare to" and "comparative relative strength" to allow visual comparisons to another stock or index. And of course, you can roll your own.
The example below illustrates these three possibilities. Generating trading signals from these indicators is a different matter.
regards,
DK
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poindexter
21 posts
msg #35420
- Ignore poindexter |
3/23/2005 2:56:58 AM
Thanks for your help. I didn't realize SF had this option.
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