Relative Rotation Graph (RRG) Charts

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other-tools:rrg-charts [2019/07/16 20:25]
betseyp
other-tools:rrg-charts [2023/10/05 18:58] (current)
jayanthi [Frequently Asked Questions]
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 //**Note:** Both "​Relative Rotation Graph(tm)"​ and "​RRG(tm)"​ are registered trademarks of [[https://​www.relativerotationgraphs.com/​|RRG Research]].//​ //**Note:** Both "​Relative Rotation Graph(tm)"​ and "​RRG(tm)"​ are registered trademarks of [[https://​www.relativerotationgraphs.com/​|RRG Research]].//​
  
-RRG charts differ from most other financial charts in that the horizontal axis does not represent time. An RRG chart is a scatter plot, with [[cs>chart_analysis:​rrg_charts#​jdk_rs-ratio|de Kempenaer'​s Relative Strength Ratio indicator]] as the horizontal axis and [[cs>chart_analysis:​rrg_charts#​jdk_rs-momentum|his Relative Strength Momentum indicator]] as the vertical axis.+RRG charts differ from most other financial charts in that the horizontal axis does not represent time. An RRG chart is a scatter plot, with [[https://​school.stockcharts.com/​doku.php?​id=chart_analysis:​rrg_charts#​jdk_rs-ratio|de Kempenaer'​s Relative Strength Ratio indicator]] as the horizontal axis and [[https://​school.stockcharts.com/​doku.php?​id=chart_analysis:​rrg_charts#​jdk_rs-momentum|his Relative Strength Momentum indicator]] as the vertical axis.
  
 Here's an example of an RRG chart: Here's an example of an RRG chart:
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 Note that each symbol on an RRG chart is plotted as a dot with a "​tail"​ extending backward. The tail shows you the history of the symbol'​s position in the past. You can use a slider to control the length of the tail. Note that each symbol on an RRG chart is plotted as a dot with a "​tail"​ extending backward. The tail shows you the history of the symbol'​s position in the past. You can use a slider to control the length of the tail.
  
-Each dot on each symbol'​s tail represents one period - either one week or one day depending on the "​Period"​ setting. The large dot at the end of the tail represents the current RRG values for that ticker symbol. Those values are updated continually throughout the current trading week; however, new dots are only added at the start of a new week.+Each dot on each symbol'​s tail represents one period - anywhere from 1 month to 5 minutes, ​depending on the "​Period"​ setting. The large dot at the end of the tail represents the current RRG values for that ticker symbol. Those values are updated continually throughout the current trading week; however, new dots are only added at the start of a new week.
  
 There are four quadrants on the RRG chart: There are four quadrants on the RRG chart:
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 As you can see in the example above, stocks typically progress through the quadrants in a clockwise manner. The color of each line is determined by the color of the quadrant where the line ends. The width of each stock'​s line is determined by the ending dot's distance from the center of the plot. As you can see in the example above, stocks typically progress through the quadrants in a clockwise manner. The color of each line is determined by the color of the quadrant where the line ends. The width of each stock'​s line is determined by the ending dot's distance from the center of the plot.
  
-For more on interpreting RRG charts, please see [[cs>chart_analysis:​rrg_charts|our ChartSchool article]] on the topic. You can also read more about RRG charts in [[https://​stockcharts.com/​articles/​rrg|Julius de Kempenaer'​s blog]].+For more on interpreting RRG charts, please see [[https://​school.stockcharts.com/​doku.php?​id=chart_analysis:​rrg_charts|our ChartSchool article]] on the topic. You can also read more about RRG charts in [[https://​stockcharts.com/​articles/​rrg|Julius de Kempenaer'​s blog]].
  
 ===== Free vs. Members-Only RRG Features ===== ===== Free vs. Members-Only RRG Features =====
  
-Free users are only able to see a single, fixed RRG chart that consists of the major North American market averages with 3 years of data. Free users can change the chart'​s ending date, scaling and trail length, but they are not able to add/remove ticker symbols, view longer range data or resize the chart.+Free users are only able to see a single, fixed RRG chart that consists of the major North American market averages with 1 year of data. Free users can change the chart'​s ending date, scaling and trail length, but they are not able to add/remove ticker symbols, view longer range data or resize the chart.
  
 Members can also create RRG charts from their ChartLists. However, these charts are limited to the first 50 ticker symbols on the ChartList. ​ Members can also create RRG charts from their ChartLists. However, these charts are limited to the first 50 ticker symbols on the ChartList. ​
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   - The Scaling Control Buttons   - The Scaling Control Buttons
   - The Symbols Table   - The Symbols Table
-  - The Chart Configuration Buttons: Symbols, Benchmark, Groups, ​Years, Period, and the Update Button (members-only)+  - The Chart Configuration Buttons: Symbols, Benchmark, Groups, ​Range, Period, and the Update Button (members-only)
   - The Resize icon (members-only)   - The Resize icon (members-only)
   - Additional Resources   - Additional Resources
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 Additionally,​ members can use the Groups dropdown above the chart to create an RRG chart from a number of different predefined groups. Additionally,​ members can use the Groups dropdown above the chart to create an RRG chart from a number of different predefined groups.
  
-==== Creating a Long-Term RRG Chart ====+==== Changing the Range ====
  
-Members can use the "Years" dropdown above the chart to create longer-term RRG charts. The choices available ​are 1, 3, 5 and 10 years. Longer duration charts take longer to load.+Members can use the "Range" dropdown above the chart to create ​shorter- or longer-term RRG charts. The choices available ​range from day to 10 years. Longer duration charts take longer to load.
  
-**Note:** A ticker symbol must have at least one year's worth of data in order to appear on an RRG chart.+**Note:** A ticker symbol must have at least 50 data points ​in order to appear on an RRG chart.
  
 ==== Changing the Chart'​s Period ==== ==== Changing the Chart'​s Period ====
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 By default, RRG charts use weekly data in their calculations. Members can change the chart so that it uses daily data using the "​Periods"​ dropdown above the chart. ​ By default, RRG charts use weekly data in their calculations. Members can change the chart so that it uses daily data using the "​Periods"​ dropdown above the chart. ​
  
-For more details on comparing and interpreting weekly vs. daily RRG charts, see [[cs>chart_analysis:​rrg_charts#​weekly_versus_daily|our ChartSchool article on RRG Charts]].+For more details on comparing and interpreting weekly vs. daily RRG charts, see [[https://​school.stockcharts.com/​doku.php?​id=chart_analysis:​rrg_charts#​weekly_versus_daily|our ChartSchool article on RRG Charts]].
  
 ==== Resizing an RRG Chart ==== ==== Resizing an RRG Chart ====
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 ===== Frequently Asked Questions ===== ===== Frequently Asked Questions =====
-**Q: When are RRG charts updated?** \\ A: RRG charts are updated in real time. On weekly charts, they are also updated and finalized on the week's close, ​which is typically Friday. ​+**Q: When are RRG charts updated?** \\ A: RRG charts are updated in real-time. On weekly charts, they are also updated and finalized on the week's close, typically ​on Friday. ​
  
-**Q: How much data is needed to chart on the RRG?** \\ A: There needs to be a minimum of 50 data points for a daily RRG and roughly 250 days of data for a weekly RRG. +**Q: How much data is needed to chart on the RRG?** \\ A: There needs to be a minimum of 50 data points. This amounts to roughly 10 weeks of data for a daily RRG, one year of data for a weekly ​RRG, and just over four years of data for a monthly ​RRG. 
  
-**Q: What does the percent change on the chart represent?​** \\ A: The percent change is the change since the beginning of the tail. If the tail length is set to 1, it is the daily or the weekly ​change. If the tail length is set to 10, it is the performance over that period (10 days or 10 weeks). ​+**Q: What does the percent change on the chart represent?​** \\ A: The percent change is the change since the beginning of the tail. If the tail length is set to 1, it is the change over one period (so the daily change ​on a daily RRG chart, for example). If the tail length is set to 10, it is the performance over that period (10 days, ten weeks, 10 hours, etc., depending on the period shown). 
  
 ===== Additional Resources ===== ===== Additional Resources =====