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MEASURING THE % CHANGE OF STOCKS AGAINST THE % CHANGE OF THE SPX Rate this Topic:
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STOCKAFELLA
Posted : Friday, April 4, 2014 3:13:41 PM
Registered User
Joined: 12/28/2010
Posts: 33

PLEASE SEND ME THIS FORMULA PLEASE. I WANT TO MEASURE THE % CHANGE OF STOCKS AGAINST THE SPX

Bruce_L
Posted : Friday, April 4, 2014 4:47:14 PM


Worden Trainer

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

There is no syntax in the Personal Criteria Formula Language for referencing another symbol to calculate the percent change of the stock versus another symbol.

It is possible to plot the ratio of the active symbol to another symbol using the Relative Strength indicator, but you cannot scan using the Relative Strength indicator at all (with the exception of the Relative Strength 1-Yr vs SP-500 system criteria). I do not know when Relative Strength scanning might be added to the program.

You may wish to review the following for a semi-automated technique for creating Relative Strength in a PCF:

Indexes in PCF's
RSMA PCFs



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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