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scorpiomanoj
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STAN WEINSTEIN RS INDEX WITH NIFTY 

NSE:TTKHLTCARE
TTK HEALTHCARENSE

الوصف

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This is an indicator for Indian markets.
It shows the relative strength of particular stock to the underlying index.
The concept of this indicator is well described in Stan Weinstein's book.

ملاحظات الأخبار

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A more smoother format
Trend AnalysisBreadth Indicatorsstrengthrelativerelativestrength
التعليقات
JOVIESTRELA
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Why 13?
lertsak
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Thank for the sharing. I just wonder how is this calculation compare to yours ?

RS = baseSymbol / baseSymbol[Length] / (comparativeSymbol / comparativeSymbol[Length]) - 1

Cheers !
lertsak
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@lertsak, What I mean is according to en.wikipedia.org/wiki/Relative_strength. Why do we need to SMA ss and ts again ? Which formula that you use from ? Directly from the book ?
A-Jungian
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Stan would be proud, a legend who embraced the simplicity of pure technical analysis and made it available to all. Nice job!
المزيد