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AM Bursa Relative Strength (Index & Stock)
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This is a Relative Strength Indicator developed for stocks traded at Bursa Stock Exchange, Malaysia.
This indicator uniquely allows users to:
Users also can add Dual EMA indicator to see the trending of the relative strength values.
Important Note: Use only in Daily Time Frame Only.
Do not delete "MYX:" prefix. Just replace stock ticker name only.
Hope this indicator can help users in selecting which stock within a sector index to trade or which sector to allocate their portfolio allowing them to trade and focus on active sector.
This indicator uniquely allows users to:
- select a Sector Index from a pre-populated index list and compare it with KLSE (Main Index) to see the relative strength trending.
Values above zero indicates that the selected Sector Index is traded stronger than the KLSE (Main Index)
- Enter (manually type in) a Bursa Stock Ticker Name (Stocks #1) and compare with a Sector Index to see the relative strength trending.
Values above zero indicates that the entered Bursa stock is traded stronger than the Sector Index.
Users only need to change the Stock Ticker Name to check the relative strength for different stocks
- Enter (manually type in) a second Bursa Stock Ticker Name (Stocks #2) and compare with a Sector Index to see the relative strength trending.
This allows users to compare the relative strength of two stocks (Stock #1 and Stocks #2) within the same Sector Index.
Values above zero indicates that the entered Bursa stock is traded stronger than the Sector Index.
Users only need to change the Stock Ticker Name to check the relative strength for different stocks
Users also can add Dual EMA indicator to see the trending of the relative strength values.
Important Note: Use only in Daily Time Frame Only.
Do not delete "MYX:" prefix. Just replace stock ticker name only.
Hope this indicator can help users in selecting which stock within a sector index to trade or which sector to allocate their portfolio allowing them to trade and focus on active sector.
Notes de version
Add watermark to indicate which sector being analyzed.
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