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Peter,
To find stocks that outperformed 99 % of all other companies for the year,
it's easy with MS Explorer :
You enter in column A : ROC(C, 252, % )
Periodicity Daily
...and you select all your stocks to explore. When you have the report, you
click 2 times on the header of the column to sort the rate of change from
the strongest.
If you follow 10000 stocks, the first 100 stocks (1 %) outperformed 99 %
of all your stocks.
Pierre Tremblay
peter fox a écrit:
Jose
Thanks for your advice. William O'neill
talks very passionately about the RSC in his book How to make money in stocks.
I respect his writings. He makes good sense. Its about finding whether the
stoick is a leader or laggard.Hise definition is:
"A proprietary rating that meassures the
price performance of a given stock against the rest of the market foir the
past 52 weeks. Each stock is assigned a performance rating 1 to 99 with
99 being the best. An RS rating of 99 means the stock has ouitperformed
99%of all other companies in terms of price performance".
Peter
-----
Original Message -----
Sent:
Wednesday, December 22, 2004 6:57 PM
Subject:
[Metastockusers] Re: Relative Strength (like Investor's Business Daily)
Peter, I'd love to put something together to show off this excellent
tool (URSC), but I'm currently so short of available time that sleep
seems like a luxury for me now.
There is an excellent set of articles about incorporating the URSC kit
into a winning trading strategy, being written for Roy's MSTT
newsletter by a professional trader. They will be published in the
January and February issues of MSTT.
http://www.metastocktips.co.nz/
jose '-)
--- In Metastockusers@xxxxxxxxxxxxxxx, "metastkuser" <andysmith_999@xx
..> wrote:
>
> Peter,
>
> Jose has a Universal Relative Strength Comparative (URSC) plugin
for
> MS. I looked at his website and downloaded the URSC user guide --
it
> looks like an excellent product.
>
> Before I purchase it though, I'd like to get a better understanding
> on how RSC is best used -- above and beyond just sorting/ranking
a
> list of stocks.
>
> Jose, can we convince you to write an "Applications Note"?
>
> Thanks!
>
>
>
>
> --- In Metastockusers@xxxxxxxxxxxxxxx, "Peter Fox" <pgfox@xxxx>
wrote:
> > I am sorry but I can't help you with Metastock. I bought and
add-
on
> from Jon Debry a few years ago but haven't always been happy with
it
> seems to miss some stocks in its calculations. If you find out a
way
> in Metastock then let me know. Stan Weinstein also wrote a book
> mentioning the RS line also.
> > regards
> > ----- Original Message -----
> > From: metastkuser
> > To: Metastockusers@xxxxxxxxxxxxxxx
> > Sent: Monday, December 20, 2004 7:13 AM
> > Subject: [Metastockusers] Relative Strength (like Investor's
> Business Daily)
> >
> >
> >
> > Is there a way in MS9 to plot the equivalent of Investor's
> Business
> > Daily's Relative Price Strength (RS) line? Metastocks's RS
> function
> > only compares the stock with an index -- it does not rank
against
> > other stocks.
> >
> > (NOTE: I'm after the RS line, not just the instantaneous
RS).
> >
> > Thanks!
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