Comparative Relative Strength

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The Comparative Relative Strength indicator is calculated by dividing one security's price by a second security's price (the "base" security). The result of this division is the ratio, or relationship, between the two securities.
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study("Comparative Relative Strength", shorttitle="CRS") 
a = tickerid 
b = input("SPX500", type=symbol) 
as = security(a, period, close) 
bs = security(b, period, close) 
plot(as/bs, title="CRS", color=gray) 
len = input(10) 
plot(sma(as/bs, len), color=navy)
Simple but very useful tool. Thank you!
thank u so much!!!!!!!
please shouldn't the value be in percentage?
@festus, I don't know)) Is there much difference?
Thanks, hard to find one that does this without finding a million RSI indicators.
Thank you. This is very useful indeed. Please can I request ability to and more than one (at least 2) moving averages.
Also, is there a way to have this price ratio displayed as the main chart? And then use the ratio data to input into other indicators such as the standard RSI. Thanks.
+1 Reply
@Shuuro, You may add indicators on top of this. So CRS plot would be a source data to other inicators.
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