Support Board
Date/Time: Mon, 09 Jun 2025 22:40:15 +0000
relative strength
View Count: 1859
| [2014-03-06 20:16:49] |
| M5amhan - Posts: 468 |
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Hi, I have decided to purchase SC. I was wondering if you could add a study called "relative strength". This is different than RSI but a simple calculation. This is pulled from investopedia (parenthesis are from me relating to the indicator for SC) : Take the six-month (user defined bar length) rate of change in an investment's price (Chart #1) and divide it by the six-month (user defined bar length [same as first bar length]) rate of change in a relevant index (Chart #2). The investment's rate of change is divided by the benchmark's rate of change to get a relative strength value. If the value is greater than one, the investment is relatively strong; if the value is less than one, the investment is relatively weak.
It is a great study for people like me looking for the strongest performers to buy. Thanks |
| [2019-12-31 22:16:46] |
| JaguarPaw - Posts: 4 |
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+1
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| [2020-01-02 06:06:12] |
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This can be accomplished by using these studies: Add Additional Symbol Study Subgraphs Divide/Ratio More information: Using the Basic Arithmetic Studies Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
| [2020-01-02 21:18:59] |
| JaguarPaw - Posts: 4 |
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YES it works!!! Thank you so much. |
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