Scripts for Relative Rotation Graphs (RRGs)

Optuma Forums Optuma Scripting Scripts for Relative Rotation Graphs (RRGs)

Tagged: 

This topic contains 1 reply, has 1 voice, and was last updated by Darren Darren 3 months, 2 weeks ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #46971
    Darren
    Darren
    • Topics: 29
    • Replies: 152
    • Posts: 181

    For Optuma clients with the full RRG module who are interested in scanning or testing RRG scenarios see this blog post with examples using the derived indicators (eg Heading, Distance, Velocity, etc):

    Scripting Guide for Relative Rotation Graphs®

    #47791
    Darren
    Darren
    • Topics: 29
    • Replies: 152
    • Posts: 181

    RRG Tail Length

    The distance between each data point on an RRG tail is measured by the velocity – JDKRS(DEFAULT=Velocity) – so to calculate the tail length you can add them together. The longer the tail the more momentum in the relative trend.

    For a 5 period tail you would use the following, with the [1] being the offset for the previous data point, [2] two days ago, etc.

    In this example, the Dow 30 have been ranked by tail length, with the longest 3 (INTC, CVX & JPM) plotted on the RRG with the shortest 3 (HD, WMT & IBM with lowest momentum).
    Capture

    • This reply was modified 3 months, 2 weeks ago by Darren Darren.
Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

Pin It on Pinterest

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close