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Worden Discussion Forum » Members » mboland

Profile: mboland
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User Name: mboland
Groups: Gold User, Member, Platinum User, TeleChart
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Joined: Wednesday, May 28, 2008
Last Visit: Saturday, September 1, 2012 12:35:14 AM
Number of Posts: 3
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Last 10 Posts
Topic: Setting up RSI on worden charts.
Posted: Friday, August 31, 2012 6:15:57 PM

I understand thank you that is all the questions i have for now.
Topic: Setting up RSI on worden charts.
Posted: Friday, August 31, 2012 5:40:12 PM

Thanks, so if i set plot Relative Strength to the SP-500 how do i read the chart.
Topic: Setting up RSI on worden charts.
Posted: Friday, August 31, 2012 4:58:53 PM

Folks hi, i'm new to technical analysis. In one book i read, which was by Stan Weinstein he said you could chart the RSI of a stock versus the market to see if the stock was over or underperforming versus the market.

The book was written in 1987 and he was using mansfield charts and when the stock was out performing the market it trending up and was above zero. When it was underperfoming it was trending down and below zero. He also used a 30 week MA for investing and 10 week MA for trading. 

In my TC2000 v7 I have my charts setup with the same MA's my question is how do i setup up the RSI on my worden charts to show how a stock is performing versus the market or can it be done in this manner?

all help much appricated thx.