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                                                   Symbol Strength Relative to Index


2010-04-03 10:35:42

I want to create a relative strength stock ranking calculation, for example
- Price Change individual symbol/ Price Change underlying index

In Easy Language this would use data1/data2, in Amibroker you reference assign the index with the foreign function.

Could you please help with how it is done with Quantshare?

2010-04-03 11:59:18


Best Answer
Here is the formula for Symbol Strength Relative to Index: (Price change for the last 10 bars)
var1 = Perf(close, 10) / Perf(GetSeries("index name", close, LastData), 10);

2010-04-03 12:24:13


Perfect - thanks for the fast reply.

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