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balanced relative strength

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jerpk

Posted : Friday, January 16, 2015 1:54:36 PM

Registered User
Joined: 12/30/2004
Posts: 15

Is there a way to sort by balanced relative strength? I would like to take 70% of the % price gain for a stock (or etf) for the past 3 months and combine that gain (or loss) with 30% of the % price change over the prior 6 months. Thanks. Jerry Kuhn

Bruce_L

Posted : Friday, January 16, 2015 2:30:42 PM

Worden Trainer

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

Please try the following Indicator Formula.

70 * C / C63 + 30 * C / 126 - 100

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jerpk

Posted : Friday, January 16, 2015 2:41:55 PM

Registered User
Joined: 12/30/2004
Posts: 15

QUOTE (Bruce_L)

Please try the following Indicator Formula.

70 * C / C63 + 30 * C / 126 - 100

That worked great--just what I wanted. Thanks

Bruce_L

Posted : Friday, January 16, 2015 2:49:26 PM

Worden Trainer

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

You're welcome.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles

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