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RE: Relative Strength Comparative Calculation Warning!



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When you create Composite Securities, dates that are missing in one or
the other file are skipped automatically.  The RSC is an indicator that
plots on the data arrays as they appear in memory.

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-----Original Message-----
From: Daniel Martinez [mailto:DanM@xxxxxxxx]
Sent: Tuesday, November 10, 1998 9:52 AM
To: Equis Metastock Listserv Post
Cc: Quotes-Plus
Subject: Relative Strength Comparative Calculation Warning!


MetaStock & Quotes-Plus Users:
This is a warning to MetaStock users who use the Relative
Strength Comparative (RSC) feature in MetaStock.  As you know, I
have been notifying Quotes-Plus about missing dates in their
data.  If a single date is missing and you use that ticker in a
composite, the calculation for that composite will be incorrect.

This morning, I realized this could also apply to the RSC.  I
called Equis and confirmed this.  If a single date is missing and
you do a RSC, your figures will probably be incorrect.
Therefore, I recommend you use the Downloader and verify either
that the number of records is the same or write down the last
figures in each ticker.  Then manually calculate and compare to
what shows up in MetaStock.

For some reason, Equis never wrote code for their composites or
RSC's to make sure the dates were identical.  They should write
code to drop any dates which are missing and simply not place
them on the chart.

Daniel.