Data Table for Update GTT Orders in Stocks.... Updated GTT Order details for SST , also added Relative Strength of Stock compared with NIFTY Index for 55 Days (3 Months) period. RS line plotted on chart… taken reference of close price of day candle… just a bigger picture of actual RS indicator plotted on chart itself... RS line in red color means below zero line...
Heavily modified from Z Score by jwammo12 Compares the z-score of two assets, the onscreen one and the reference one configured. If you're familiar, you can think of it as Bollinger Band Percent of Onscreen Asset minus the Bollinger Band Percent of Reference Asset. It's compared off a simple moving average, due to how standard deviation is calculated. I view...
This indicator simply divides an asset to another asset and multiplies the result by 100. There are the options for choosing a timeframe and symbols. I've also added EMAs. There's also the option to put red/green background when the EMAs are above the index and are upsloping and vice versa. Enjoy!
Overview: This implementation of the RS Line mimics how Investor's Business Daily and CANSLIM investors measure growth stock performance versus the S&P 500. If you are looking at a weekly chart, the RS Line is the performance of the stock over the past week versus the S&P 500 over that same time frame. The same logic applies to the daily and monthly charts,...
This script is meant to give you a Relative Strength indication of the stock. The goal is to use a similar calculation as used by IBD. It calculates the performance of the current stock for the last year (most recent quarter is weighted double) and compares it to the performance of a reference index or ticker (default is "SPY"). IBD would give you a value between...
Relative strength is a ratio between two assets, most often a stock and a market average (index). This implementation uses the method described here and the second method described here to calculate its value: "To calculate the relative strength of a particular stock, divide the percentage change over some time period by the percentage change of a particular...
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...
A simple and easy reference tool displaying a plot of the market cap dominance values for several significant cryptocurrencies. The most widely used of these is bitcoin dominance (the top indicator shown above) which calculates the total market cap of bitcoin in relation to the total cryptocurrency market cap, displayed as a percentage. This is commonly used by...
The indicator shows the width of the Central Pivot Range. Frank Ochoa call it It Pivot Range Histogram in his book. Use it in conjunction with the Central Pivot Range indicator. Below is the interpretation of the reading. CPR Width > 0.5 - Sideways or Trading Range Day, CPR Width > 0.75 - increases the likelihood of sideways trading behavior, CPR Width <...
Hello, I hope you like this representation of the Mansfield Relative Strength Indicator. The calculations have been made based on the following formulas: Standard Relative Performance indicator RP = ( stock_close / index_close ) * 100 Mansfield Relative Performance indicator MRP = (( RP (today) / sma ( RP (today), n)) - 1 ) * 100 Where: RP = Standard...
Relative strength is one of the most useful indicators in the market, highlighting when stocks and sectors are outperforming or underperforming a broader index. Traditional RS compares the percentage change of one symbol over a given time frame and subtracts the percentage change of the S&P 500 over the same period. This is handy, but it can produce false...
Volume Weighted Real Relative Strength (VRRS) measures the relative strength of a tickers vs. a benchmark ticker for the market, i.e. $SPY, and a benchmark ticker for the sector it is in. The calculation of VRRS is done as follow: VRRS = * VolWeighted * 100 Where : Close is Close price smaClose is the last simple moving average value. Ref is Reference...
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
This code is to replicate the relative strength indicator as used on investors.com (on lists like the IBD 50, big cap 20 etc). Let me know if any issues / any updates wanted.
A Ratio Chart, for analysis with any benchmark. This is the open source version of the earlier, Fixed Ref. Ratio indicator. This is the version that will be maintained in the future. Plots a ratio of the symbol to benchmark. Plots, all time high ratios (orange bubbles), Increasing ratios (blue bubbles). Detailed write up will be added in subsequent updates.
FX Currency strength indicator is a visual guide that demonstrates which currencies are currently strong, and which ones are weak. FX Currency strength indicators include multiple calculation to choose from 1. Relative Strength Index (RSI) 2. True Strength Index (TSI) 3. Absolute Strength Index (ASI) 4. Linear Regression Slope (LRS) 5. Rate of Change (ROC) 6....
This is not a real indicator, but is what ICT use as indicator for trading futures indexes. it can only display SP500, Dow Jon Industrial Average and Nasdaq, if someone want other market can copy the code and change some parameters (is more easy than it can appear) A good idea is using this other market on backtest to confirm the divergence idea of Linda Raske,...
The Stock Market Institute (SMI) describes an propriety indicator the "SMI Wyckoff Wave" for US Stocks. This code is an attempt to make a Wyckoff Wave for the Johannesburg Stock Exchange (JSE). Once the wave has been established the volume can also be calculated. Please see code for the JSE Wyckoff Wave Volume which goes with this indicator. The Wave presents a...