RS in Momentum screener
-
Hi @Prashant-Shah
Kudos on the awesome Momentum screener & the associated Youtube videos.Couple of suggestions
1 Relative Momentum is limited to EMA, please consider providing an independent pattern input conditions for it2 - Please consider including RS as an option & pre-defined patterns alongside Relative Momentum as an option
Thanks
-
Hi,
Thanks.
1 - Now you have the system builder condition box as an option. Select the charting type and select the indicator, pattern, or your own strategy using multiple indicators, patterns etc to filter the stocks.
2 - Relative Momentum is RS only. The strategy you select in the system builder will be applied to RS chart as well. For example, if you have selected the condition 'Above D Smart', it will be calculated both on the price chart and on the RS chart. You can choose the denominator you want.
Regards,
Prashant -
Thanks @Prashant-Shah. Pardon my ignorance as I am still learning P&F & RS, but this current option limits me in using the same pre defined filter for both price & RS. I was thinking ability to define filters seperataly will allow me to set up a simple momentum filter for RS & a more logical/condition based filter for Price
Please advise