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Using Relative Strength in Indicators and even Explorer
Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 1/27/2009(UTC) Posts: 11
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Is there the possibilty to use indicators and explorer in Relative Strength. So, for instace, can I use indicators and explorer to see if they work on Google and Yahoo relative strength chart. I have read some the posts before on this question (2005 and 2006) and am wondering if MS has made it easier in their new version.
Thanks.
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users Joined: 10/28/2004(UTC) Posts: 3,111 Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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As you might have seen on the Forum, there are plenty of posts about comparing the price action and indicators in one equity versus another i.e. relative strength comparison (RSC). RSC analysis is a very broad topic and includes such aspects as pairs trading and as such everyone has their own bent on how to conduct such analysis, including having their own codes. Nothing was added to MS in newer versions to make it "easier" so it is still left to each trader to write their own codes, of which there are plenty of existing examples.
Hope this helps.
wabbit [:D]
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Using Relative Strength in Indicators and even Explorer
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