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Custom indicator for Relative Strength with a Zero line Rate this Topic:
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JohnHammond
Posted : Friday, October 09, 2009 12:41:04 PM
Registered User
Joined: 1/26/2009
Posts: 4
I have search and read threw many post on the site with no luck.  I would like to be able to add a zero line with % performance as in this picture, so that whatever index I choose will be the zero line and the stock or sector that I am viewing will show its preformance at a quick glance. Here is a photo of what I am trying to achive, and thanks in advance for your help. 
RB


From Stock Charts
Bruce_L
Posted : Friday, October 09, 2009 12:46:15 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
I do not know of a practical automated method of creating this as a Custom Indicator using TeleChart (it is possible to do so using StockFinder). That said, you can get similar information by using a $100 Scale:

How to use $100 Scale to compare price performance
Compare price trends and price performance using Comparison Symbol and $100 scale

-Bruce
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JohnHammond
Posted : Friday, October 09, 2009 12:56:40 PM
Registered User
Joined: 1/26/2009
Posts: 4
Thx Bruce, I believe I can make that work.

RB
Bruce_L
Posted : Friday, October 09, 2009 1:10:54 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You're welcome.

-Bruce
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