Relative Strength with SPY

Discussion in 'Automated Trading' started by trader105, Jan 6, 2010.

  1. I want to compare a stock with SPY to get the relative strength.

    Say if SPY is making a new high but the interest stock is not making a new high, then the interest stock is relative weak compared with SPY. And vice versa.

    I want to find out the relative strong or relative weak stocks in real time (intraday).

    Is there any screener that I can use or an indicator?

    If I am going to write an indicator, I think I should be able to use the specific time as a parameter(say 10:01 or 10:16) instead of a number to indicate the bar of "how many minutes ago" to get the bar information.

    Does anyone know which software I can use specific time as a parameter to specify a bar?