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Relative Strength to S&P 500 Rate this Topic:
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jbalex
Posted : Monday, April 17, 2017 1:30:19 PM
Registered User
Joined: 12/22/2009
Posts: 23

Hi Bruce,

 

For my watch list, I am trying to the calculate % Relative Strength against the S&P 500 for a day, week, month & quarter & year.  I tried to see if this has been done before, without success.

I would like to do this to select stocks. I am using TC2000 12.5

Thanks

Joe

 

Bruce_L
Posted : Tuesday, April 18, 2017 12:50:20 PM


Worden Trainer

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

The following will work in TC2000 v17, but not in TC2000 v12.5.

Add a Relative Strength indicator to the chart.

Add a Rate of Change Percent indicator to the chart.

Change the Data Source of the Rate of Change Percent indicator to use the Relative Strength indicator instead of price.

Adjust the period of the Rate of Change Percent indicator as desired before clicking on it and selecting Copy to WatchList or Report.

Note that you can actually get the Rate of Change Percent indicator to plot correctly in TC2000 v12.5, but you cannot create a working WatchList Column.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
jbalex
Posted : Tuesday, April 18, 2017 2:52:23 PM
Registered User
Joined: 12/22/2009
Posts: 23

Works like a charm.  Thanks Bruce!

 

 

Bruce_L
Posted : Tuesday, April 18, 2017 3:06:36 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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