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Relative Strength of Stock to Index Column A: CLOSE Column B: If( (Ref(Div(CLOSE,P),-4) > Ref(Mov(Div(C,P),30,E),-4)),1,0) Column C: If( (Ref(Div(CLOSE,P),-3) > Ref(Mov(Div(C,P),30,E),-3)),1,0) Column D: If( (Ref(Div(CLOSE,P),-2) > Ref(Mov(Div(C,P),30,E),-2)),1,0) Column E: If( (Ref(Div(CLOSE,P),-1) > Ref(Mov(Div(C,P),30,E),-1)),1,0) Column F: (( C/P - Mov(C/P,30,E)) / Mov(C/P,30,E)) * 100 Filter: Div(C,P)> Mov(Div(C,P),30,E) AND colB=1 AND colC =1 AND colD = 1 AND colE =1 I name columns B - E period 1, 2, 3, etc. Open The chart of the index you wish to get the relative strength of the securities on make periodicity "Week". In the options area of the exploration editor change to Week. This formula will select securities that have out perform the index over the last 5 weeks. The formula in column F provides a way to rank the securities in terms of their recent performance relative to the index. Frederick W. McKenzie fmckenz@primus.com.au Code:
all formulas for MetaStock all formulas
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