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How to create the Mansfield Relative Performance Indicator - Page

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RE: How to create the Mansfield Relative Performance Indicator

Silly question, All,

I've figured out how to create the Mansfield RS indicator in Pro Real Time!!!.

BUT, I'm uncertain as to what to enter as the standard or index. Because I was unsure, and I was looking at equity ETF's, I used "ITOT." But because ITOT is a domestic equity fund, what should I use if I'm evaluating International equities (IE, the the European, Asian or Emerging market etf's or a foreign stock). Also, if I'm evaluating a bond ETF (I created weekly charts with the WMA30, volume with a 4-week SMA, and the Mansfield RS for all of the ETF positions that I currently hold), what would be the best comparison index there?

I appreciate any thoughts you may have on this!

Thanks!

Tom

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RE: How to create the Mansfield Relative Performance Indicator - by daddybyday - 2019-03-23, 02:15 PM

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