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RS Rank Explorer for Amibroker (AFL)

5 / 5 (Votes 1)
amibroker, exploration

The RS Rank is computed by taking the average of a long-term price change with a short term price change.

Indicator / Formula

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Filter = C > 5 AND V>100000;
RS_Rank = (((C - Ref(C,-63))/Ref(C,-63) *.4 + (C - Ref(C,-126))/Ref
(C,-126) * .2 + (C - Ref(C,-189))/Ref(C,-189) *.2 + (C-Ref(C,-252))/Ref
(C,-252) * .2)) * 100;
AddColumn(RS_Rank, "RS_Rank",1.0);

SetSortColumns ( -4, 1);


1. rajnik

this is just ROC. you could have simply written roc instead of writing lengthy ref lines…

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