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scorpiomanoj
2 กุมภา 2018 เวลา 16 นาฬิกา 22 นาที

STAN WEINSTEIN RS INDEX WITH NIFTY 

NSE:TTKHLTCARE1W
TTK HEALTHCARENSE

คำอธิบาย

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This is an indicator for Indian markets.
It shows the relative strength of particular stock to the underlying index.
The concept of this indicator is well described in Stan Weinstein's book.

เอกสารเผยแพร่

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A more smoother format
Trend AnalysisBreadth Indicatorsstrengthrelativerelativestrength
ความคิดเห็น
JOVIESTRELA
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Why 13?
lertsak
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Thank for the sharing. I just wonder how is this calculation compare to yours ?

RS = baseSymbol / baseSymbol[Length] / (comparativeSymbol / comparativeSymbol[Length]) - 1

Cheers !
lertsak
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@lertsak, What I mean is according to en.wikipedia.org/wiki/Relative_strength. Why do we need to SMA ss and ts again ? Which formula that you use from ? Directly from the book ?
A-Jungian
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Stan would be proud, a legend who embraced the simplicity of pure technical analysis and made it available to all. Nice job!
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