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Index > Heap > your own use best or second best shares indicator

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sleepsleep



Joined: 05 Oct 2006
Posts: 8902
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sleepsleep
maybe you customize code one or more special indicator craft to sort of inform you when to fire bullets and when to cut loose, Laughing

personally, i like RSI (relative strength index)
http://en.wikipedia.org/wiki/Relative_strength_index
Quote:
The relative strength index (RSI) is a technical indicator used in the analysis of financial markets. It is intended to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. The indicator should not be confused with relative strength.

The RSI is classified as a momentum oscillator, measuring the velocity and magnitude of directional price movements. Momentum is the rate of the rise or fall in price. The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes.
Post 23 Nov 2014, 08:43
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