ashxos

Adaptive Relative Strength (ARS by Premal Parekh)

ashxos Updated   
Dear All,

This is my first public script modified to adapt the concept of Mr. Premal Parekh on Adaptive Relative Strength - ARS)

The original Script is developed by modhelius.
I have proved the version as per my requirement and included concept of ARS.

This script will remove the manual calculation task which is required on daily basis to calculate number of sessions from ARS Date.

Hope this script will be helpful.
If yes, do hit like button and share with your friends.

Ashish Kesarkar
India
Release Notes:
Updated colors for better visibility
Release Notes:
Added SRS in the same Indicator.
Release Notes:
Updated ARS Date to 3rd August 2021
Release Notes:
Updated script with New ARS Date (1st Dec 2022) published by Premal Parekh Sir.
Release Notes:
New ARS date.
16th Feb 2023

Sorry for late update.
Release Notes:
Added feature to update SRS Period
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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