StockFetcher Forums · General Discussion · RSI on sector<< >>Post Follow-up
owltrades
7 posts
msg #66014
Ignore owltrades
8/10/2008 4:07:40 PM

Is it possible to include a relative strength for the sector in the filters.

For example show me only those stocks which are in a sector with a relative strength greater than .6

This way I can make a long scan for strong sectors and a short scan for weak sectors. Since we know being in the right sector is half the battle.

Thank you very much for your time.

WALLSTREETGENIUS
983 posts
msg #66028
Ignore WALLSTREETGENIUS
8/10/2008 9:38:55 PM

owl -

You cant run screens for actual sectors, but just turn your sectors into ETF's like this...

=============================

Fetcher[ RSI(2) is greater than .6

SYMLIST(IBB,GLD,OIL,XLE,RTH,PPA,SLX,UYG,IGM,KWT,DBC,XHB,UNG,XME,IYH,
IYC,EXB,KBE)

Add column RSI(2)
]



=============================

This should cover pretty much most of your sectors....



RIGGS

klynn55
418 posts
msg #66036
Ignore klynn55
8/10/2008 11:29:10 PM

Riggs: do you think the rsi2 should be weekly ? perhaps show a daily and weekly, would monthly hurt also ?

WALLSTREETGENIUS
983 posts
msg #66040
Ignore WALLSTREETGENIUS
modified
8/11/2008 1:51:31 AM

Klynn -

First, "monthly" scans don't exsist yet. Hopfully they're on the way. Secondly, Index & ETF charts aren't like stocks. They are very predictable because they're usually not heavily traded like most stocks. When you see a reversal candle...it usually reverses....etc. But yes, a "weekly" scan never hurts. Just add to the filter...

..."chart-display is weekly"...and "chart-time is 1-year".



RIGGS

owltrades
7 posts
msg #66056
Ignore owltrades
8/11/2008 12:24:49 PM

Thank you very much

WALLSTREETGENIUS
983 posts
msg #66086
Ignore WALLSTREETGENIUS
8/11/2008 5:04:03 PM

You got it man....

StockFetcher Forums · General Discussion · RSI on sector<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus