Relative Strength Index 80/20 with extra 30/70 area and 50% dashed line
Relative Strength Rank Indicator ( ( Long Term Price Change + Short Term Price Change ) / 2 ) / 10 Day ATR
Some weeks ago, I had a patient in my practice who suffered from internal stability disorders. Certainly not a case of disordered thinking or schizophrenic behaviour, because his general sense of direction wasn’t the problem. He just couldn’t find the right overall balance, an ailment he struggled with for years. Straight away I could diagnose that surgery...
This indicator is called the "Relative Strength Trend Indicator" (RSTI), designed to assess the relative strength of a trend. Here is a detailed explanation of how it works and how traders can interpret it: Indicator Operation: 1. Data Source (src): The indicator considers a data source, typically the closing price (close), but this can be adjusted according...
A relative strength overlay, similar to that of IBD shown on Marketsmith. The value is not from 0-100, it is compared with the Nasdaq x2 ETF, QLD. Therefore, if greater than zero it will give you a good indication that the stock has a very good relative strength. Feel free to change the comparison ETF to one of your choosing.
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. 🔶 ...
Relative Strength Scoring System : Important prerequisite : This indicator can be loaded on any forex chart, i.e. a currency pair, but must not be loaded on any other asset due to certain market closures. The chart timeframe must be less than or equal to the trading timeframe, which is the indicator's first parameter. A timeframe equal to that of the...
The Smoothed Relative Strength Indicator (not RSI) with Multi-Timeframe Support is a custom indicator that combines the concepts of Relative Strength (not RSI) and Money Flow Index (MFI) to create a smoothed trend-following tool. It works on any timeframe and adapts to different market conditions. Key Features: Multi-timeframe support: [ The script uses the...
The Relative Strength Volatility Adjusted Exponential Moving Average was created by Vitali Apirine (Stocks and Commodities Mar 2022) and this is his final indicator of his recent Relative Strength series. I published both of the previous indicators, Relative Strength Volume Adjusted Exponential Moving Average and Relative Strength Exponential Moving Average...
About this indicator: This indicator goes under many different names such as Relative Strength Ratio, Comparative Strength, Relative Strength Comparison (RSC) etc. It compares the strength of the current asset to another asset of your choice and displays the relative strength of the current asset. (Not RSI) There are several comparative indicators published...
Relative strength is one of the most useful indicators in the market, highlighting when stocks and sectors are outperforming or underperforming a broader index. Traditional RS compares the percentage change of one symbol over a given time frame and subtracts the percentage change of the S&P 500 over the same period. This is handy, but it can produce false...
Modified to code from @modhelius and added colors and histogram for easy reading...thanks to him... What is Relative Strength? Relative strength is a ratio of a stock price performance to a market average (index) performance. It is used in technical analysis. It is not to be confused with relative strength index. To calculate the relative strength of a...
This script evaluates the relative strength of the current symbol with respect to your chosen symbol. At the same time it gives an idea about the trend of the reference symbol. Under default settings, it evaluates the strength with respect to NIFTY50. While the value of the bars represents the relative strength, Colors of the bars indicate the relative strength...
Relative strength (RS) is a measure of a stock's price performance relative to the overall market. It is calculated by dividing the stock's price change over a specified period by the market's price change over the same period. A stock with a high RS has outperformed the market, while a stock with a low RS has underperformed. (Stock can any asset that can be...
One of the most requested features for TradingView is the ability to include custom indicators in the stock market scanner. While I am sure this feature is coming soon (seriously TV, PLEASE) I decided to use the amazing template provided by QuantNomad (), but I wanted to allow the user to modify the table a bit better so that a multi time frame analysis approach...
This script is meant to give you a Relative Strength indication of the stock. The goal is to use a similar calculation as used by IBD. It calculates the performance of the current stock for the last year (most recent quarter is weighted double) and compares it to the performance of a reference index or ticker (default is "SPY"). IBD would give you a value between...