. They might give earlier signals than renko. I have only recently been studying this and have not back tested it but it looks promising. relative strength can be measure by a percentage gain over various periods of time and then you compare that to how other instruments have done during th...
In an earlier postwe illustrated the fundamental breakdown of the risk-vs-return relationship as proposed by CAPM: when test empirically, we find surprisingly that higher-risk stocks enjoy lower returns. In this post we’ll review the suggested rationales. Before diving in, we’ll first summarize...