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Relative Strength Confluence Strip
RS Confluence Strip – Relative Strength Dashboard
This indicator gives a quick visual read on how the current stock is performing relative to the broader market, its sector, and its industry/theme.
It displays six boxes across the chart:
Four selectable market indices (SPY, QQQ, IWM, DIA, etc.)
One selectable sector ETF (XLK, XLE, XLF, etc.)
One selectable industry or theme ETF (SMH, IGV, IBB, XOP, etc.)
Each box shows a 0–100 relative strength rank, based on a user-defined lookback period. The number tells you where the stock’s relative performance currently sits within its recent range.
Higher numbers = stronger outperformance
Lower numbers = relative weakness
Mid-range = neutral
**The industry/theme selection must be adjusted manually to match the current ticker.
You can adjust:
The benchmarks used
The lookback length
Colors (bull / bear / neutral / text)
Position on the chart
Vertical spacing (for stacking with other indicators)
Optional outer border
This tool doesn’t generate trade signals. It’s designed to support a top-down process and help confirm strength or weakness before entering a position.
This indicator gives a quick visual read on how the current stock is performing relative to the broader market, its sector, and its industry/theme.
It displays six boxes across the chart:
Four selectable market indices (SPY, QQQ, IWM, DIA, etc.)
One selectable sector ETF (XLK, XLE, XLF, etc.)
One selectable industry or theme ETF (SMH, IGV, IBB, XOP, etc.)
Each box shows a 0–100 relative strength rank, based on a user-defined lookback period. The number tells you where the stock’s relative performance currently sits within its recent range.
Higher numbers = stronger outperformance
Lower numbers = relative weakness
Mid-range = neutral
**The industry/theme selection must be adjusted manually to match the current ticker.
You can adjust:
The benchmarks used
The lookback length
Colors (bull / bear / neutral / text)
Position on the chart
Vertical spacing (for stacking with other indicators)
Optional outer border
This tool doesn’t generate trade signals. It’s designed to support a top-down process and help confirm strength or weakness before entering a position.
开源脚本
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。