Discussion in 'Trading Software' started by windward, Mar 19, 2004.
what is the best software to gauge the relative strength of individual stocks intra day?
One of the simplest ways is to sort your stock list by %change. With the appropriate indices or sectors in the list you can easily see who is doing better than whom. Most of the charting programs let you sort your watchlists by a certain column.
Or to get some idea on the change in RS going on you could use Tradestation, eSignal, AmiBroker, Wealt-Lab, etc., etc. and program you're own indicator. Just take the change in the target stock and divide it by the baseline stock over your time-frame of interest.
I've found RS to be one of the best 'hints' out there, usually on a longer time-frames though.
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