Meeting the Relatives
Author: wycan
Creation Date: 12/23/2009 8:34 AM
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wycan

#1

Trying to determine if there is a way WL can identify relatives, relative to every other stock in the market .. below are a couple of examples

How can one determine top 10% of the stocks in the stock market that have the highest ROE, by date ?

or,

Idenfity the top 5% that have the strongest relative strength as defined by the formula Close(0)/Close(126), by date ?

Is the above possible with WL ? thx
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Eugene

#2
In the manner of a rotational system. See "RSI Rotation" in the "Symbol rotation" folder.

See this FAQ re: I need other rotation rule other than the built-in RSI. And your DataSeries as per #2 would be:
CODE:
Please log in to see this code.

Where period = 126.

If your DataSet has 100 stocks, setting the number of symbols to 10/5 identifies the percentage accordingly.
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