Stock Portfolio Organizer
The ultimate porfolio management solution.
#1 Selling Amibroker Plugin featuring:
RS - Relative Strength explorer for Amibroker (AFL)
Relative strength is a measure of the price trend of a stock or other financial instrument compared to another stock, instrument or industry. It is calculated by taking the price of one asset and dividing it by another.
check following links for better understanding.
when using this afl, please change the RS base ticker in parameters to your desired index.
presently we have given “NIFTY-I” which is national stock exchange (NSE-INDIA) index
SHORT LOWER VALUE OF relative strength
LONG HIGHER VALUE OF relative strength
Indicator / Formula
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