OPEN-SOURCE SCRIPT
Relative strength Divergence

The following indicator uses relative comparison of two assets by the formula n/s3, where n is the t asset on the screen while s3 the underlying assets it is being compared to. The usefulness of the indicator is to primarily compare the assets being traded like BTC (most prominent crypto with largest market cap), with some other crypto like TRX(this has a relatively smaller market cap). Since we get a broader market view through relative comparison of the two assets, the most important function is to find the edge through divergences. Just like RSI the divergences rules would be the same and most important trades would be trades in the direction of the trend along accompanies by divergences that are in line with the trend. Simple divergences work for the best trades with default settings. Although BTCUSD is the default asset to compare with it can be switched with any other asset as well, but it is very much preferred that one uses some type of index as the base asset for comparison. Other than that for simple trading the trend MA crossover can also be used as a signal for simple trend following.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。