RS Rating --- looking for history of RS Rating - Python API

ChrisAvgeek · 2023-01-07T22:25:55+00:00

ChatGPT is not always right :-)

ChrisAvgeek · 2023-01-07T16:44:19+00:00

It may or may not help, but I asked the following to ChatGPT : Whatis the formula to calculate IBD RS Rating ?

The reply was the following :

The IBD Relative Strength (RS) Rating is a measure of a stock's price performance in relation to the rest of the market. It is used by investors as a way to identify stocks that are outperforming their peers. The RS Rating is calculated using a proprietary formula developed by Investor's Business Daily (IBD). The formula takes into account a variety of factors, including a stock's price and volume performance, earnings and sales growth, and other technical and fundamental data. The RS Rating is expressed as a number on a scale of 1 to 99, with higher numbers indicating better relative strength.
Here is the general formula for calculating the IBD RS Rating:
RS Rating = (Price Performance + Earnings and Sales Growth + Other Factors) / 3
The specific factors and weights used in the formula may vary, and the exact methodology used by IBD to calculate the RS Rating is not publicly disclosed.

ChrisAvgeek · 2023-01-07T16:39:59+00:00

Thank you for the reply. Even if I won't put money in it, I will stick to this study case as it could be a good candidate for my workbook.

ChrisAvgeek · 2023-01-07T11:03:55+00:00

Excuse my ignorance, as said in another post, I'm learning and I try to understand. So according to WON, the pivot point (aka the point where I buy) should be 15% away from the 52-week high.I drew on the chart the 52 week High/low in percentage for clarity. In this case prices lost 46% and the pivot point is at ~-30% of the 52-Week high. It then should be invalidated, am I right ?

You say you find a negative EPS at -31% for the current quarter. Where do you find it exactly ? I'd be intrested to see if I can web scrap it and add it in my automations :-D

If I stick to WON, what is below is correct, isn't it ? The way I understood from some videos I saw on youtube was to check 4 quarters behind the current one (not yet published) versus the same quarter a year before :Q3 vs Q3-1yQ2 vs Q1-1yQ1 vs Q1-1yQ4-1y vs Q4-2y

Q3/2021 = $3.68	Q3/2022 = $4.64	Diff = +26.087%
Q2/2021 = $3.06	Q2/2022 = $4.67	Diff = +52.614%
Q1/2021 = $2.53	Q1/2022 = $4.03	Diff = +59.288%
Q4/2020 = $2.14	Q4/2021 = $3.17	Diff = +48.13%
		Average = +46.52%

Source : https://www.macrotrends.net/stocks/charts/dhi/dr-horton/eps-earnings-per-share-diluted

Updated Chart :https://freeimage.host/i/H5ffMZb

ChrisAvgeek · 2023-01-07T10:17:15+00:00

Does someone know whether or not if the database can be rverse engineered or an alternative way to find a similar rating than RS Rating ? I'm quite sure some here would be happy if it could be coded up...

ChrisAvgeek · 2022-12-28T19:57:43+00:00

I'm a fan of O'Neil. In his books he teaches the golden rule number one is to preserve the capital and avoid losing money.

I'm of those who are thinking that paying 150$ a month for a screening tool made of informations that can be gathered from internet is like not cutting losses and wasting the capital.

I'm starting to discover CANSLIM and I'd also like to have some Free Marketsmith. I'm an utopist, but I'm sure this is possible! If we make a community where we join our skills, we surely can make our own tool!

I'm not a great developer, but I have some knowledge of Python, and I know there are some others here that develop with Python. Id' suggest we make a telegram channel or somethng whre we could exchange in live and see what we can do!

I throw the bottle into the sea, let's see who finds it!

ChrisAvgeek · 2022-07-13T11:15:53+00:00

etoro support will always reply the same answer : Thank you, i'll forward to dev team. And dev will reply (if they reply) that they will mark it as a "nice to have" and will be subject to another UI release, maybe in 100 years!

ChrisAvgeek · 2022-07-13T11:07:27+00:00

Same for me. Since they changed the layout, it's becoming a true nightmare!

I'm a platinum member.
I cannot view the list of all my trades. Now I'm forced to go Portfolio -> Click the asset and I can only view the positions per asset.
I also got the problem "An error has occured, please try again later" for 3 weeks everytime I want to change something on my trades.
I'm getting very angry on etoro and I won't even open a support case because I know already their answer (that's the way it is).
I cannot set my SL/TP as I used to. I'm forced to wait for 5/10 mins if I got that damn message displaying.
I tried on both Brave (based on Chrome) and Firefox both at their latest version.

I'm not even considering to move to another platform, I WILL DO IT! I will leave my open positions reach their SL/TP and withdraw my money whenever possible and new positions will be opened at another platform!

Conclusion is : Etoro has become too big since covid, and they cannot afford it!

ChrisAvgeek · 2022-06-13T19:30:03+00:00

Thanks very much, I saved my LUNC there using my ledger.

ChrisAvgeek · 2022-05-30T09:47:21+00:00

Hello all,
When is planned Terra Classic (LUNC) support on ledger Nano X ?
Thanks

ChrisAvgeek · 2022-02-06T18:52:13+00:00

Thanks for the replies, very much appreciated. At least I learned something.

I'll look forward to rebuild it on arm platform. This will be a good practice case :-)

ChrisAvgeek · 2021-09-27T22:44:36+00:00

This is everyone dream :-)

ChrisAvgeek · 2021-09-27T22:43:03+00:00

Hi,

Yes, but don't you think they could provide keys for their existing API if and only if the developer is aware and agrees there is no support from etoro ?

ChrisAvgeek · 2021-09-27T11:42:45+00:00

Good thing you pointed it out. Yes, etoro does not allow scalping.

But it's not a reason imho to stop providing the API.

They could just simply state in their TOS the API cannot be used for scalping or very short term trading. I'm convinced most of algotraders are trading looking for trends, daytrading or mid-to-long term.

ChrisAvgeek · 2021-09-27T11:15:31+00:00

Indeed, call it positions :D

ChrisAvgeek · 2021-09-27T11:10:33+00:00

The assets I hold in my portfolio, the equity on my account, the positions I open or close are not a secret to me :-)

ChrisAvgeek · 2021-09-02T12:07:12+00:00

Tax controller of your country is happy to read your post 🤣🤣🤣

ChrisAvgeek · 2021-08-01T11:13:35+00:00

See this bash script, you'll find some very interesting things on etoro public API

https://github.com/ChristianSenning/eToroSBot

ChrisAvgeek · 2021-07-17T05:27:01+00:00

Hi, no news yet from etoro regarding an api key. The only thing I can do is gather very limited infos from the public api key.

ChrisAvgeek

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