VARS uses a stock's ALPHA in comparison to the SPX to determine whether there is RS on an volatility adjusted basis.
版本注释
Changes: (1) Length of the α-timeframe. (2) Additional coloring for higher α-values.
版本注释
Each variable of the indicator is now fully editable.
版本注释
The script now works with two different beta and alpha reference points to map VARS to longer and shorter running time frames. Each value is customizable. Nota bene: The default values are still work in progress.