Breakout Relative Strength Index

It isn't easy to determine if the price of a stock is about to break out. Here’s one way you can determine the relative strength of a breakout, enabling you to act early and realize higher profits.

This indicator was originally developed by Howard Wang Stocks & Commodities V. 33:09 (60–62)

Release Notes

Fixed a few issues I missed when I first created the script

Release Notes

Shorted the reference to full typical price

Release Notes

updated to match the rest of my indicators

Release Notes

fixed issue with default resolution

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

cheatcountry

I created the largest stock indicator library:
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