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Frank-Setup ✅ (RSI + RS only)

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Frank-Shorting Setup ✅ is an indicator designed to help traders spot weakness in a stock by combining RSI and Relative Strength (RS) analysis.

🔹 Key Features

RSI Weakness Signals

Marks when RSI falls below 50 (downside pressure begins).

Marks when RSI moves back above 50 (weakness ends).

Relative Strength (RS) vs Benchmark

Compares stock performance to a benchmark (e.g., NIFTY).

Signals when RS drops below 1 (stock underperforming).

Signals when RS moves back above 1 (strength resumes).

Clear Chart Markings

Circles for RSI signals.

Triangles for RS signals.

Optional labels for extra clarity.

Alerts Built-In

Get notified when RSI or RS weakness starts/ends.

No need to monitor charts all the time

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.