Here are SuperSectors, sorted by the Sum column:
and here are the SubSectors:
The Sum column sums the 4 normalized Indicators, in this case:
x1Ind = percentr(10);
x2Ind = accumdist(volume);
x3Ind = rsi(close,2);
x4Ind = momentum(close,12);
The Momentum column is a 14-period momentum.
For the Sum of the normalized indicators, 400 is the maximum "strong" score, and 0 is the minimum "weak" score.
Normalization as a concept has been around for a long time, but it seems to ebb and flow from the common awareness.
There are many possibilities for constructing overviews using this general methodology.
TradeStation users can download the code here .
Weak and Strong - SuperSectors, Subsectors
- progster
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- progster
- Posts: 948
- Joined: Thu Jul 26, 2007 7:20 pm
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Re: Weak and Strong - SuperSectors, Subsectors
Here are the SuperSectors and SubSectors as of 7/6/2009:
Sort order is by the Sum column. A higher Sum means stronger, and lower sum means weaker.
Sort order is by the Sum column. A higher Sum means stronger, and lower sum means weaker.
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