Custom Formula Collection

Comparative Relative Strength Exploration

To construct a Comparative Relative Strength Exploration in MetaStock for Windows perform the following steps:

  • Load the S &
    P 500.
     
  • Create a custom indicator of the Close. Plot the indicator on the S &
    P 500. Select this plot by clicking on it.
     
  • Create an exploration with div(C,P) in column A and also specify which directory to explore.
     
  • Note:( the P variable references the selected indicator in the active chart which would be the close)

The results are displayed in the exploration report.

For additional help with formulas, please see the Formula Primer.

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