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Tomacz,
I have had a "bug" with some data and I must increase the startpoint
to 50 to avoid this bug, I have tried to delete the begin of the
data, but the only soliution was to increase the value of the
startpoint.
startpoint = 50;
>
> You can also take a look at "Relative Performance charts"
> described in the S&C traders tips in the member's area at:
> http://www.amibroker.com/login.html
>
> Best regards,
> Tomasz Janeczko
> amibroker.com
>
> ----- Original Message -----
> From: Tomasz Janeczko
> To: amibroker@xxxx
> Sent: Monday, November 19, 2001 2:37 PM
> Subject: Re: [amibroker] rs indicator
>
>
> David,
>
> The absolute value of RS means nothing because
> RS is simply a ratio of two prices
> currently_sel_ticker/index
>
> (in AmiBroker it gets multipled by 1000)
>
> so the absolute value depends on price of your security.
>
> What *IS* important is the RATE OF CHANGE of RS.
> If Rate Of Change of relative strength is positive - it means
> that given security outperforms the index.
>
> So, it is actually better to plot ROC of RS
> Graph0 = ROC( RelStrength( "^DJI" ), 10 );
>
> (replace ^DJI by XAO or other index name);
>
> - this will give you the percentage of how much your security
outperformed the index
> in the recent 10 bars.
>
> Best regards,
> Tomasz Janeczko
> amibroker.com
>
> ----- Original Message -----
> From: David Holzgrefe
> To: amibroker@xxxx
> Sent: Monday, November 19, 2001 2:10 PM
> Subject: [amibroker] rs indicator
>
>
> hi TJ and others
>
> could you please explain how the scale works on the rs
comparison
>
> in the attachment there is the asx all ordinary's index and a
stock the has performed well, when I look at the RS indicator I find
it hard to get a understanding of what the graph is saying
>
> The stock has out performed the asx but by how much ? rs value
0.668 ?
>
> Thanks David
>
>
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