 Gold Customer
Joined: 12/21/2004
Posts: 13
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I'm wanting to develop a PCF which gives a value for the relative strength of a stock relative to the S&P500 30 days ago. So, it would look something like:
((C/SP500)/(C30/SP500.30))*100
that is, the Close of the stock now divided by the S&P now, all divided by the Close of the stock 30 days go divided by the S&P500 close 30 days ago,, all times 100. I've tried several notations for the S&P500 value 30 days ago, but they don't seem to compute.
thanks.....
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Administration
Joined: 9/30/2004
Posts: 9,187
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Warren,
You cannot reference the price of another symbol with a PCF.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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warrenshepherd,
While I do not know of a practical automated method of writing Relative Strength PCFs in TeleChart., you may wish to review the following for a semi-automated technique for creating Relative Strength in a Personal Criteria Formula:
Indexes in PCF's
RSMA PCFs
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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