THE RELATIVE STRENGTH PERCENTAGE SCALING FORMULA

by Isaac Israel

In this article, I will present a simple algebraic formula that I have derived from the Relative Strength indicator with respect to market averages. Although I have not studied finance (my education was in mathematics and physics), since the big institutions always hire the most brilliant and talented analysts, I would be very surprised if these institutions have not discovered this formula before me, even though I have not seen it mentioned anywhere. For this reason, I do not believe that I am giving away a big secret. But at the same time, probably at least 80 % of the trading in the financial markets is done by institutions, and therefore I believe that it is an injustice not to inform the ordinary citizens about this formula, because the markets are certainly being manipulated.

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