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scans:advanced_scan_syntax:relative_strength_scans [2019/07/01 21:26] 127.0.0.1 external edit |
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| The Rate of Change (ROC) indicator is frequently used to measure relative strength, but other momentum indicators can be used too. For example, some chartists prefer to use the Relative Strength Index (RSI), looking for stocks with an RSI value higher than the benchmark. You can also use the PctChange() function or simple multiplication to calculate momentum. | The Rate of Change (ROC) indicator is frequently used to measure relative strength, but other momentum indicators can be used too. For example, some chartists prefer to use the Relative Strength Index (RSI), looking for stocks with an RSI value higher than the benchmark. You can also use the PctChange() function or simple multiplication to calculate momentum. | ||
| - | **Learn More:** [[https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:rate_of_change_roc_and_momentum|Rate of Change (ROC)]] | [[https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:relative_strength_index_rsi|Relative Strength Index (RSI)]] | [[:scans:advanced_scan_syntax:pctchange_scans|Percent Change Scans]] | + | **Learn More:** [[cs>technical_indicators:rate_of_change_roc_and_momentum|Rate of Change (ROC)]] | [[cs>technical_indicators:relative_strength_index_rsi|Relative Strength Index (RSI)]] | [[:scans:advanced_scan_syntax:pctchange_scans|Percent Change Scans]] |
| In this example, we're going to compare the ROC values for three different timeframes (5-day, 10-day and 20-day) against the benchmark. | In this example, we're going to compare the ROC values for three different timeframes (5-day, 10-day and 20-day) against the benchmark. | ||