Core Viewpoint - The article discusses the development and implementation of the RSR (Relative Strength Ratio) indicator, emphasizing the importance of a comprehensive strength calculation that considers both upward movements and pullbacks, rather than just price increases [1]. Individual Stock RSR Indicator Setup - The first step involves setting up the basic formulas for RSV and VWAP, which are essential for calculating the RSR [2]. - The second step requires creating extended data to compute the basic formulas, ensuring that the sequence numbers align correctly [3]. - The third step is to create the "RSR Individual Stock" sub-indicator, which averages the extended data from RSV and SSV, and must be named precisely to avoid errors [7][10]. Industry RSR Indicator Setup - The industry RSR has been modified to only use SSV data for stability in trend investment, discarding the RSV data due to its high sensitivity in industry rankings [11]. - The setup process for the industry RSR involves creating two extended data outputs, ensuring they do not conflict with existing formulas [11][12]. - The final step is to create the "RSR Industry" sub-indicator, which directly uses SSV1 output without averaging, focusing on stability during bullish market conditions [14][15]. Custom Sector Setup - Instructions are provided for setting up custom sectors within the trading software, allowing users to create identifiable folders for their analysis [16]. - The article outlines how to display sector data and manage custom sectors effectively, including importing data into newly created folders [18][19]. System Settings - The article mentions the need to adjust system settings to facilitate the research of industry classifications, ensuring that the necessary data is displayed correctly [20].

Core Viewpoint - The article discusses the construction of a true cost price curve using cumulative transaction amount divided by cumulative transaction volume, emphasizing its accuracy compared to traditional methods [1]. Group 1: Volume-Weighted Average Price (VWAP) - The article introduces a new formula for calculating VWAP using cumulative transaction amount (AMO) and price (C), which is expressed as SUM(AMO*C,N)/SUM(AMO,N) [1]. - This VWAP formula is designed to be more sensitive and reliable than traditional volume-weighted methods, especially when accounting for stock splits and other corporate actions [1]. Group 2: Standardized Strength Calculation - A new standardized strength formula is proposed, replacing the arithmetic mean price with the volume-weighted price, resulting in VWAP and standard deviation (STDD) calculations [1]. - Two output methods are provided: one using the weighted price as the divisor for deviation and another using standard deviation for normalization [1]. Group 3: Relative Strength (RS) Calculation - The article extends the VWAP concept to calculate a relative strength line (RSLine), which is claimed to be more reasonable than popular moving average methods [4]. - The RS calculation is defined as CLOSE/INDEXC, with a volume-weighted RS (VWRS) formula introduced for enhanced accuracy [4]. Group 4: Output Comparison - The article notes that the output from the new calculations is consistent and stable when configured as a Relative Strength Ratio (RSR) [2]. - It highlights the effectiveness of using volume-weighted prices in producing reliable output compared to traditional methods [2].