OstapChester

Mansfield Relative Strength indicator

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
Release Notes: UPDATE 1: Added sector and industry as optional params. Leave them same as index if you don't want to use them
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Comments

m unable to load it to my scrips, plz tell from u getvthis indiactor in trading view..thanks
+4 Reply
lotusheart naizycm
@naizycm, it worked ! just copy paste
+1 Reply
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