The Relative Strength Scatter Plot indicator is a tool that shows the historical performance of various user-selected securities against a selected benchmark.
This tool is inspired by Relative Rotation Graphs®. Relative Rotation Graphs® is a registered trademark of JOOS Holdings B.V. This script is neither endorsed, nor sponsored, nor affiliated with them.
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This script offers in-depth Z-Score analytics on price and volume for 200 symbols. Utilizing visualizations such as scatter plots, histograms, and heatmaps, it enables traders to uncover potential trade opportunities, discern market dynamics, pinpoint outliers, delve into the relationship between price and volume, and much more.
A Z-Score is a statistical...
Library "DataChart"
Library to plot scatterplot or heatmaps for your own set of data samples
draw(this)
draw contents of the chart object
Parameters:
this : Chart object
Returns: current chart object
init(this)
Initialize Chart object.
Parameters:
this : Chart object to be initialized
Returns: current chart object
addSample(this,...
Here is a simple tool to measure and display outcome of certain RSI event over heat map.
🎲 Process
🎯Event
Event can be either Crossover or Crossunder of RSI on certain value.
🎯Measuring Impact
Impact of the event after N number of bars is measured in terms of highest and lowest displacement from the last close price. Impact can be collected as either...
![AMD: Relative Strength Scatter Plot [LuxAlgo]](https://s3.tradingview.com/x/XZPlAujd_mid.png "Relative Strength Scatter Plot [LuxAlgo]")
![BTCUSDT.P: Volume and Price Z-Score [Multi-Asset] - By Leviathan](https://s3.tradingview.com/c/CBnACnmq_mid.png "Volume and Price Z-Score [Multi-Asset] - By Leviathan")
![BTCUSDT: RSI Impact Heat Map [Trendoscope]](https://s3.tradingview.com/z/zsmaLEyI_mid.png "RSI Impact Heat Map [Trendoscope]")