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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

Isatrader, that was a very helpful post. Thank you.

For traders who are using amibroker, you can find the code for replicating the mansfield relative strength indicator here:

_SECTION_BEGIN("RelativeStrength");
/* Relative Strength Comparison with Relative Strength Moving Average*/

RP = Close / Foreign( "^STI", "Close" ) * 100 ;
MARP = MA(RP,52);

MRP = (( RP / MARP) - 1 ) * 100 ;

Plot (MRP, "Relative Strength", colorBlack,styleHistogram );

_SECTION_END();

Clarification: ^STI refers to the Straits Time Index (the Singapore stock market index).

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RE: How to create the Mansfield Relative Performance Indicator - by fattonytp - 2015-05-17, 05:37 AM

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