| katil9654 33 posts
 msg #123323
 - Ignore katil9654
 | 3/24/2015 4:09:39 PM 
 I am looking for a setup which follow the Dow Jones chart trend or parallel to Dow Jones pattern.
 Please someone help me out I a new here.
 Thanks in advance!
 
 
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| pirate67 99 posts
 msg #123344
 - Ignore pirate67
 | 3/26/2015 1:48:04 AM 
 This should be close to what you are looking for simply using Beta. Beta measures how a stock moves in relationship to the market as a whole, not the DOW.  A BETA OF 1  follows the market.
 
 
 
 
 
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| four 5,087 posts
 msg #123345
 - Ignore four
 modified
 | 3/26/2015 2:36:57 AM 
 TRY
 
 http://www.stockfetcher.com/forums/Indicators/Correlation-corr/95213
 
 DISCUSSION
 
 http://www.greenwichai.com/index.php/hf-essentials/correlation-alpha-beta
 
 
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