Paris + France
Experience: Advanced
Platform: SierraChart
Trading: NQ
Posts: 69 since Feb 2014
Thanks Given: 30
Thanks Received: 39
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Hello,
I like to rank 4 major US indices futures (ES,NQ,RTY,YM) by relative strength using % from open.
I would like to expand this ranking to include non Indice instruments.
Problem is that those other instruments could have much wider % swings, without really outperforming the indices: instrument can be choppy and zigzaging but still be % from open higher than strongly trending indice.
So % from open ranking is not a good comparison criteria.
What would you suggest as better ranking criteria to overcome this problem?
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