Asset compared to asset/market

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.

Release Notes: Added different alarms.

Made the default TF to be 'Chart'.

Fixed an issue with the background not showing on altcoins.

Release Notes: Minor fix in alerts.
Release Notes: Minor updates
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.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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