Syntax
public RSMK(DataSeries ds, DataSeries index, int period, int emaPeriod, string description)
public static RSMK Series(DataSeries ds, DataSeries index, int period, int emaPeriod)
Parameter Description
ds | Primary DataSeries |
index | External DataSeries of an index e.g. ^GSPC (Yahoo) for S&P 500 |
period | The lookback period for comparing price changes |
emaPeriod | EMA period to internally smooth the RSMK |
Description
RSMK indicator by Markos Katsanos featured in
March 2020 issue of Technical Analysis of Stocks & Commodities magazine. It promises an interesting new take on relative strength through simple and objective interpretation, possibility to rank symbols, less lag than the usual RS indicator etc.
Refer to: