RSI Vs QQQ Scan
Printed From: BullCharts Forum
Category: BullCharts
Forum Name: BullScan
Forum Discription: For discusssions on BullScan
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=1000
Printed Date: 30 Apr 2024 at 5:16am
Software Version: Web Wiz Forums 9.69 - http://www.webwizforums.com
Topic: RSI Vs QQQ Scan
Posted By: lmbull
Subject: RSI Vs QQQ Scan
Date Posted: 10 Mar 2016 at 5:56am
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I am trying to create a scan which comapres the Relative Strength Comparison of a stock to the QQQ's. The following code produces the indicator line:- { RSC - Relative Strength Comparison } [horzline=0] period:= input("Period",38,1); index:=LoadSymbol("QQQ",C); ROCD:=ROC(C,period,%) - ROC(index,period,%); RSCD:=(( C/index - Ma(C/index,period,s)) / Ma(C/index,period,s))*100; [name= RSC; width=2; color=black] RSCD; The problem is I am not able to create a scan which returns stock which have a result with the " RSCD " > 0. This would give me a list of stock outperforming the QQQ's and to be able to order them in terms of strength. Every time I create the indicator, then scar for RSCD>0, it returns an empty result.  If anyoune has a solution it would be much appricated. |