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<SPAN
class=439074900-08032004>Hi Brian,
<SPAN
class=439074900-08032004>
<SPAN
class=439074900-08032004>The Relative Strength Comparative function in Metastock
is simply one security's price divided by another security's price. I find
if you run a moving average through the RSC then you can determine whether the
stock is outperforming or underperforming. The security can of course be
an index too.
<SPAN
class=439074900-08032004>
<SPAN
class=439074900-08032004>To do this in an explorer you have two
methods:
<SPAN
class=439074900-08032004>1. In Metastock v8.01 you can use the
SECURITY function... ie C/SECURITY("C:\Trading
Data\Stocks\US\Indices\S&P\SIPGR-RETAIL")
<SPAN
class=439074900-08032004>2. In other versions of Metastock,
you can use the "P" indicator. ie Open up a chart, click on the price bars
(so you see the little blocks every 10 or so bars), the in your indicator use
"P" in your formula. ie C/P
<SPAN
class=439074900-08032004><FONT face=Arial color=#0000ff
size=2><FONT face=Arial
color=#0000ff size=2><FONT
face=Arial color=#0000ff size=2><SPAN
class=439074900-08032004><FONT face=Arial color=#0000ff
size=2>
<SPAN
class=439074900-08032004>With regards to sector constituents, Metastock in
itself doesn't easily support sector classifications. You could consider
using a data vendor that can generate folders that just contain specific sector
constituents. Our custom folder feature gives you this ability (and keeps
them up-to-date too).
<SPAN
class=439074900-08032004><A
href="">http://www.premiumdata.net/products/premiumdata/uscustomfolders.php
<SPAN
class=439074900-08032004>
Cheers,
Richard Dale.
Norgate Investor Services- Premium
quality Stock, Futures and Foreign Exchange Data for markets in
Australia, Asia, Europe, UK & USA -<A
title=http://www.premiumdata.net/ href=""><FONT
face=Arial size=2>www.premiumdata.net -----Original
Message-----From: Brian DeMasters [mailto:briandemasters@xxxxxxxxx]Sent:
Saturday, March 06, 2004 2:13 PMTo:
equismetastock@xxxxxxxxxxxxxxxSubject: [EquisMetaStock Group]
recommendationany recommendations for a program that can
readmetastock data and allow me to analyze data andproduce
reports. Similar to Metastock explorer, butwith more
capabilities.specifically, I am trying to compare sectors to
S&Pand than sectors to there individual component stocks.As well as
being able to compare exchange volume withstock volume to get a feel for
demand changes.Apparently, Metastock 8.0 EOD doesn't allow me
toaccess data from other securities, and will not allowme to incorporate
Relative Strength Comparison amongsecurites, in a custom
exploration.Thanks,Brian
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