INVITE-ONLY SCRIPT
(CD|RS) Caruso Divergence Relative Strength
Mis à jour
Caruso Divergence Relative Strength (CD|RS) helps an investor to identify when a security does not make a lower low vs a benchmark. The standard application is to compare a stock to the S&P 500 (SPX). If the SPX makes a lower low and the stock does not, it displays significant Relative Strength.
This indicator allows you to select both your benchmark for comparing against as well as how far back to make the analysis by selecting the pivot lookback (how many prior ‘pivots’ or ‘market lows’ back to compare against).
Divergences can appear when markets are weak, and they make lower lows, but they can also appear in uptrends as stocks and indexes make higher highs. CD|RS also identifies when RS takes place “On Strength.” If the security and its benchmark both decline but the security can make new highs above its prior peak before the benchmark, it is once again displaying relative strength. Therefore CD|RS is helpful in finding Divergence Relative Strength in both up and down trends.
CD|RS works on any timeframe.
CD|RS has an accompanying indicator called CD|RS Signal which helps display the divergence in a different format and can be placed in a separate pane if the user wishes to keep the price chart clean.
This indicator allows you to select both your benchmark for comparing against as well as how far back to make the analysis by selecting the pivot lookback (how many prior ‘pivots’ or ‘market lows’ back to compare against).
Divergences can appear when markets are weak, and they make lower lows, but they can also appear in uptrends as stocks and indexes make higher highs. CD|RS also identifies when RS takes place “On Strength.” If the security and its benchmark both decline but the security can make new highs above its prior peak before the benchmark, it is once again displaying relative strength. Therefore CD|RS is helpful in finding Divergence Relative Strength in both up and down trends.
CD|RS works on any timeframe.
CD|RS has an accompanying indicator called CD|RS Signal which helps display the divergence in a different format and can be placed in a separate pane if the user wishes to keep the price chart clean.
Notes de version
Version 2.0■ Support for all symbol types.
■ Add option to change label size.
■ Add option to change color for RT and OS.
■ Add option to change line width for RT, OS and HL.
Script sur invitation seulement
L'accès à ce script est limité aux utilisateurs autorisés par l'auteur et nécessite généralement un paiement. Vous pouvez l'ajouter à vos favoris, mais vous ne pourrez l'utiliser qu'après avoir demandé et obtenu l'autorisation de son auteur. Contactez CarusoInsights pour plus d'informations, ou suivez les instructions de l'auteur ci-dessous.
TradingView ne suggère pas de payer pour un script et de l'utiliser à moins que vous ne fassiez confiance à 100% à son auteur et que vous compreniez comment le script fonctionne. Dans de nombreux cas, vous pouvez trouver une bonne alternative open-source gratuite dans nos Scripts communautaires.
Instructions de l'auteur
″Get access to CarusoInsights indicators: https://www.carusoinsights.com/charting/
Vous voulez utiliser ce script sur un graphique ?
Avertissement: veuillez lire avant de demander l'accès.
Get access to CarusoInsights indicators: carusoinsights.com/charting/
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.