Relative Strength Indicator
### Overview
The Relative Strength (RS) Indicator is a robust tool designed to measure the performance of a security relative to a benchmark or another security. Unlike traditional indicators, this RS Indicator calculates the outperformance or underperformance in percentage terms, providing a clear and concise comparison.
The...
Stock vs Custom Symbol Outperformance" is a powerful technical analysis indicator designed to help traders and investors gauge the relative performance of a stock against a selected benchmark symbol. This tool enables users to easily visualize how a stock is performing in comparison to another asset, such as an index or another stock.
Key Features:
Custom Symbol...