Relative Strength

Relative Strength show the quotient (ratio) between a numerator (Your Security) and a common denominator (SPX, BTC, ...).
I inspired myself from already established indicators. But I've made my own because I had some issues with others.

Sometimes the moving average weren't fixed but where floating through the window.
Sometimes the colors (Up, Down) were inaccurate because the compiler didn't notice infinitesimal changes (0.0001 > 0.0002)

Thanks.

(The Relative Strength indicator is at the top of the chart.)

Notes de version

Added colors on SMA: If RS > SMA then green, else Red.
Fixed some other stuffs: Symbol template for ticker input...

Notes de version

The moving average is colored based on its own slope.
Can be displayed or not.

Notes de version

Added color customization,
Added color for Relative Strength All Time High.

Notes de version

Possible to color based on X previous highs instead of all time high only.
If the lookback value is set to 0 then it looks for ATH;
Else it will look for the input, previous highs.

Modified for Tronsom

Notes de version

Script open-source

Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.

Capeya

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Script open-source

Capeya