This indicator allows to compare the performance (% change) of a given symbol with the larger market (
SPY
) and/or with a custom symbol, which defaults to
XLK
(an ETF tracking technology companies from the S&P 500).
The performance for the current symbol is displayed as a blue histogram, while performance for the
SPY
and the custom symbol are respectively displayed as orange and white lines, making it easy to spot when the symbol outperformed the market.
Features:
The performance for the current symbol is displayed as a blue histogram, while performance for the
Features:
- Configurable time resolution (default: same as chart)
- Comparison using change percentage or its EMA/WMA/SMA (default: EMA)
- Configurable moving average length
- Optionally hide
SPY or the custom symbol from the chart