Digital Nivesh: Relative Strength

Relative Strength:


Strength Indicator is strength wrt other security.

How to USE:
After applying indicator , you can specify with which security you want to compare for eg: default is set to NSE:NIFTY
you can change to anything such as APPL, SPX , HDFC etc..

Apart from Relative Strength , I have added some colour codes to the ratio line in order to identify buy , sell exit.

How To Use:
Entry: Buy when line is green and above white line
Safe Traders: Exit When colour of line changes to yellow or red or line crosses below white.
Aggressive Traders: Exit When colour of line changes to red or crosses below white.

Vice Versa of Buy

Any Comments or Suggestions are most welcome :)

版本注释: It works good with NIFTY 50 Stocks
版本注释: As of now it will only work for NIFTY 50 Stocks..
版本注释: Re added the ability to modify the second security.
版本注释: Added protective channel
版本注释: channel shaded
版本注释: update
版本注释: remove update
版本注释: update
版本注释: Changed for White theme
版本注释: test
版本注释: Color coding for channel,
if color changes to green, expect a good move in any direction(Testing only)
Works only for nifty
版本注释: update: beta
版本注释: update:
Background color for accumulation distribution
版本注释: Update: BgColor only for accumulation and distribution. This is only for testing purpose, please don't use it for decision making.
版本注释: update:
Added flag to display Accumulation and Distribution on Demand
版本注释: Update:
updated color
版本注释: Update:
Added capability for bg opacity
版本注释: Update:
Updated Lablel Text