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RS ON A 1 TO 100 SCALE Rate this Topic:
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kram
Posted : Sunday, September 25, 2016 5:59:42 PM
Registered User
Joined: 10/7/2004
Posts: 80

Chaikin alalytics graphs a stock's relative strength vs another (S&P 500) using 

a zero to 100 scale.

 

Is it possible to set up such a scale with TC2000?

 

thanks

Bruce_L
Posted : Monday, September 26, 2016 10:46:37 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

The only obvious method of converting Relative Strength to a 0 to 100 scale would be do use percentile ranks (which we can't do) or use the RS as the parent indicator of another indicator which would convert it to a 0 to 100 scale (such as stochastics). That said, I have no idea what Chaikn Analytics does to plot a 0 to 100 scale RS indicator.



-Bruce
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kram
Posted : Monday, September 26, 2016 12:55:13 PM
Registered User
Joined: 10/7/2004
Posts: 80

as always, thanks Bruce

Bruce_L
Posted : Monday, September 26, 2016 1:15:22 PM


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Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
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