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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?


To: Ken Adams who wrote (4321)6/9/1998 8:56:00 PM
From: peter n matzke  Read Replies (1) | Respond to of 11149
 
i had to call them something...why not QRS since i don't have many Q scans, they do have QRS in them, and i run out of numbers so fast<G>.



To: Ken Adams who wrote (4321)6/9/1998 11:23:00 PM
From: Michael Quarne  Respond to of 11149
 
QRS = Quotes Plus Relative Strength.

As Defined in QP manual.

Returns the relative strength for the selected date. The Quotes Plus Relative Strength is calculated by comparing the performance of each issue for the past 4 quarters to the performance of every other issue in the database over the same time. The most recent quarter is given twice the weight of the previous 3 quarters.
The relative strength value ranges from 0 to 99. A value of 99 means that the issue has performed better than 99% of the other issues in the database.

Arctic Mike