How to setup IBD style Relative Strength Ranking for stocks
IBD relative strength ranking is a momentum ranking of stocks. It uses o ne quarter , 2 quarter, 3 quarter , and 4 quarter data to find weighted ROC and then Ranks stocks by it.
IBD relative Strength ranking can be duplicated in Telechart very easily and can be used for creating your own scas or sort columns.
there are better ways to sort stocks than by using IBD relative strength rank. In this video I show a way to rank stocks by 6 month and one quarter relative strength.
Source: http://stockbee.blogspot.com/2017/05/how-to-setup-ibd-style-relative.html
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