Hi Everyone, How it works? 1. With this indicator you can compare any other symbol of index/security with selected symbol. 2. You can compare with three different Indices/symbols. 3. Also you can keep different timeframe to compare with the current symbol. 4. No need to add multiple indicators for same purpose. Feel free to suggest any changes to the...
How it works? 1. With this indicator you can compare any other symbol of index/security with selected symbol. 2. You can compare with three different Indices/symbols. 3. Also you can keep different timeframe and length of period to compare with the current symbol. 4. No need to add multiple indicators for same purpose. Thanks, Yogesh
It measures the Relative strength of Indian Stocks vs NIFTY Index
Adaptive Relative Strength shows a line of relative strength with a moving period in relative to Nifty 500 for Indian Market, by default its 45 days but you can change as per your need or change relative symbol as per your need.
This script visualizes the relative movement of a single OHLC candle compared to an index (or another symbol). The vertical location of the candle indicates the general positive/negative comparison of the bar vs the index. The color of the candle indicates how the candle moved relative to the index. The wick indicates the closing range compared to the index...
Relative Strength Comparison with automatic selection of relevant index Added support for most european and north american exchanges.
The Momenta RSI Indicator was created by William Blau (Stocks & Commodities V. 9:5 (202-205)) and is a variation of the classic RSI using his Momenta Indicator formula. I have color coded everything to make it very easy to determine buy and sell signals. Let me know if you would like to see me write scripts for other indicators!
If you are desperately looking for a novel RSI, this isn't that. This is another lesser known novel species of indicator. Hot off the press, in multiple stunning color schemes, I present my version of "Relative Strength (RSMK)" employing PSv4.0, originally formulated by Markos Katsanos for TASC - March 2020 Traders Tips. This indicator is used to compare...
So my goal here was to combine all of my RSI ideas into a single indicator in order to make kind of a "Swiss Army Knife" version of the Relative Strength Index...
The Price Relative indicator compares the performance of one security to another with a ratio chart. This indicator is also known as the Relative Strength indicator or Relative Strength Comparative. Often, the Price Relative indicator is used to compare the performance of a stock against a benchmark index, S&P 500, BIST:XU100 etc. Chartists can also use the...
This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow...
Relative Strength Rank Indicator ( ( Long Term Price Change + Short Term Price Change ) / 2 ) / 10 Day ATR
Relative Strength calculation of 3 time periods: 12 months, 6 months and 3 months.
Use this indicator to compare how security is performing in compare with preferred index (SPX by default). > 0 outperforming < 0 underperforming Works best for weekly, but can be applied to monthly and daily charts. It will be rather useless to use it in smaller timeframes Apply it to SPX, industry index, sector index or other security in similar sector
Shows strength of the currently charted alt compared to BTCUSD. If BTC is going down or sideways and the alt is going up, then you'll see green and vice-versa for red. Good for quick at-a-glance strength evaluation when flying through a watchlist. The output uses a normalised moving average to reduce signal noise.
Measure stock's performance against NYSE Composite Index