OPEN-SOURCE SCRIPT

Relative Strength

4 651
Powerful tool to calculate and display the strength of a security compared to another security.

Some Main purposes are:
- finding new leadership in a market correction
- comparing a market leader with a top competitor
- tracking rotation in the market

.. and so much more!

This tool is highly configurable, you can especially change:

- The reference symbol (SPY, QQQ, BTCUSD, ...)
- The time span to indicate a new High or Low in a certain time-frame
- Factorize your RS-Chart to make it fit to the original chart. (Moves the chart up or down)
- Option to repaint your candles / bars when a new RS High occurs in the given timeframe.

Enjoy and have a great day!
Powerful_Trading


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.