Relative strength

• 04/16/2016 at 7:25 PM #5500
  applet

  Is it possible to code in screener which calculates the relative strength based on the performance of indices? Lets say I have a watchlist of S&P sectors such as XRT, XLP etc. and I want to rank them based on their relative performance against SPY (S&P 500) using Pro Screener ie XRT / S&P 500 and so on…

   

  

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  04/16/2016 at 7:53 PM #5503
  Nicolas

  Yes it’s possible, you have a quick example here, in the online documentation :

  http://www.prorealcode.com/documentation/equityframe/

  Let me know if you can achieve what you want with this code.

  

  Nicolas

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  04/16/2016 at 9:19 PM #5504
  applet

  Thanks. It worked. Name of the code is “RS”. When I save this I am not sure why is it giving me the following error. Any idea?

  The program “RS” does not contain code.

  TIMEFRAME(daily) CloseVal = Close EQUITYFRAME("Shares - US (AMX)","SPY") CloseInd = Close EQUITYFRAME(default) Ratio = (CloseVal / CloseInd) *100 RelativeStrength = (Ratio - Ratio[5]) *100 SCREENER(RelativeStrength AS"RelativeStrength")

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  TIMEFRAME(daily) CloseVal = Close   EQUITYFRAME("Shares - US (AMX)","SPY") CloseInd = Close   EQUITYFRAME(default) Ratio = (CloseVal / CloseInd) *100 RelativeStrength = (Ratio - Ratio[5]) *100   SCREENER(RelativeStrength AS"RelativeStrength")

   

  

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  04/17/2016 at 4:35 PM #5521
  Nicolas

  Sorry, i don’t understand what would cause this behaviour. Maybe a simple reboot of the platform with a save on exit?

  

  Nicolas

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  10/30/2016 at 9:52 AM #15711
  luckyhaa

  Is it possible to scan (find out) entire stocks in particular market (let say UK stocks) ?

  or i need to add one scanning condition ….stocks select if RS > 80

   

  I appreciate your support

  

  luckyhaa

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  07/28/2020 at 1:51 PM #140304
  arya.mousavi20

  Hi, I got an error at this line:

  EQUITYFRAME(“Shares – US (AMX)”,“SPY”)

  Do you know how to fix that?

  

  arya.mousavi20

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  07/28/2020 at 2:27 PM #140306
  robertogozzi

  Write the strimg exactly the way it is in your platform, I used (in italian):

  EQUITYFRAME("Azioni - US (NYSE)","SPY")

  1	EQUITYFRAME("Azioni - US (NYSE)","SPY")

   

  

  robertogozzi

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  10/14/2020 at 11:03 AM #147396
  m95mcdonnell

  Did this work for you?

   

  I am trying to get the prorealcode screener to only return stocks listed in the SP500

  

  m95mcdonnell

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  10/14/2020 at 11:27 AM #147398
  robertogozzi

  Do not double post. Ask your question only once and only in one forum. All double posts will be deleted anyway so posting the same question multiple times will just be wasting your own time and will not get you an answer any quicker. Double posting just creates confusion in the forums.

  You have created a new topic about that.

  Thank you 🙂

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  m95mcdonnell

  

  robertogozzi

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