Add Relative Strength as Rank Criteria

[Gautam Heble-1756230857752]

Please add Relative Strength (RS) as a rank criteria in Momentify and for the Momentum Investing Scanner Simulator.

For the last 2 years I have been using an RS-ranked rotational strategy and would like to move that to Momentify platform.

[somutrade20@gmail.com]

Would you mind explaining how you Rank RS rotational strategy eager to know the process Thanks

[Gautam Heble-1756230857752]

@Somu R It's similar to the strategies used for Momentify i.e. pick a lookback period

For this lookback period, the stocks/etf's are ranked in descending order of relative strength. I use Nifty 50 as a benchmark due to simplicity, but CNX500 or Nifty MidSmall Cap 400 can also be used.

Momentify gives options of Return Percent, Volar, Sharpe & RSI. What i'm requesting is to add Relative Strength to this criteria.
There are already RS screeners on R Zone, so the metrics are available in the tool anyway.

Definedge has an excellent resource to learn more about RS - https://shelf.definedgesecurities.com/category/relative-strength-studies/index-relative-strength-studies/

[somutrade20@gmail.com]

Thanks alot

[Definedge]

@G-Heble Please provide your contact number via DM, so that our support team can get in touch with you to understand your requirement.