The purpose of the Comparative Relative Strength Ratio indicator is to provide a way of looking at a relative strength ratio as a candle graph instead of only a closing price line, as well as to provide relative volume gradient coloration on the ratio-generated candles, and additionally to plot moving averages of the CRS ratio that can help display shifting trends...
This indicator provides a way to use Relative Volume Gradient Paintbars on an alternate/comparison symbol while still looking at your main charted symbol. For instance, this allows you to plot the ES1! or SPY or QQQ above/below your charted symbol, and see its current Relative Volume signal, and compare that to the your currently-charted individual stock symbol,...
This script will allow users to view Multiple RSI timeframes in one indicator (up to 4). This can be useful for viewing RSI Convergences/Divergences and extremely long timeframes like 250 days can provide context to market strength over long positions.
This script takes two symbols as input and shows the year-to-date (YTD), quarter-to-date (QTD), or month-to-date (MTD) performance in percent.
This indicator tracks the GSCI Commodity Index over the course of the S&P 500. This is used for the fundamental evaluation of ratios of asset classes to each other. The thesis is based on Ray Dalio's quadrant theory: in periods without inflation and with good growth, stock prices rise and commodity prices fall. Conversely, in periods of good growth in an...
This is a Live Screener for my previous Alpha & Beta indicator, which filters stocks lively based on the given values. Use 5min timeframe for Live Intraday. The default stocks in the screener is selected based on high beta value from F&O listed stocks. It may include other stocks also. User can input stocks of your choice either through the menu or through the...
Shows the strength of current symbol relative to strength of another symbol, defaulted to Bursa Malaysia broad market index: FBMSCAP. Best viewed in weekly chart.
This indicator combines 3 supertrend indicators (a fast, medium and slow) with stochastic RSI and 200 EMA. It only gives short signals if price is under the 200 EMA and long signals if price is over the 200 EMA. Secondly it will only show you a short entry if the stochastic RSI is in the overbought territory and a long signal if the stochastic RSI is in the...
Hello Traders! I'm a Momentum Trader, following the Indian & US markets. Most of us are familiar with the Relative Strength (RS) indicator, popularized by Investor's Business Daily (IBD) and available on their MarketSmith platform. So, here I'm sharing a script that does the same and additionally pops an alert label when the RS line hits a new high (similar...
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...
This script attempts to show the relative strength of the 11 sectors in the SPX, which can be accomplished in three ways: 1. Sectors - displays all sector indices as they appear normally 2. Sector Relativity - displays each sector divided by the sum of the other 10 sectors 3. Sector Alpha - displays the alpha of each sector as compared to the sum of the other...
This is an oscillator made of biggest 40 cryptocurrency/USDT pairs. * It shows relative strength and change of crypto market during certain time on given interval. * The tool has a bunch of data put together into one oscillator: * top and bottom lines are made of 3 strongest and 3 weakest crypto pairs (out of 40) * has visible names of that pairs for several...
THE SCRIPT SIMPLY DIVIDES THE STOCK PRICE BY NIFTY TO MEASURE UNDER PERFORMANCE AND OUT PERFORMANCE WITH NIFTY. YOU CAN CHANGE SETTINGS FROM NIFTY TO ANY OTHER SECTOR LIKE CNX FMCG TO MEASURE SECTOR PERFORMANCE AND UNDER PERFORMANCE !!!
This version of Mansfield Relative Strength ( MRS ) weights the MRSs with different lookback periods by adding the weight of 2:1:1:1 to MRS (1Q) : MRS (2Q) : MRS (3Q) : MRS (4Q). Typically, the lookback period of a MRS is reference to a full year, i.e. 260 trading dates or 52 weeks; to better represents the relative strength of a stock to a recent performance,...
There are many investors referring to Relative Strength (RS) indicator published by Investor’s Business Daily (IBD) for their analysis. Since the RS published by IBD is a proprietary indicator, no exact formulation is published on it. Many discussion suggested that an alternative to the IBD RS is the Mansfield Relative Strength . There are 2 parameters for...
For completeness of Relative Strength studies, the Relative Strength based on rate of changes (ROC) with weighting is coded and presented as well. The RS.ROC is similar to the formulation of RS by IBD before rank among all the stocks in the market. The lookback period is relaxed for customizing. Once you set the total lookback period, representing the 4Q, in the...
This is a candlestick charted Relative Strength indicator. It compares the chosen stock's progress compared to that of the SPY ETF ... ( SPY is used so it should hopefully update intraday). I use this indicator to see which stocks are outperforming the market. Input Variable Descriptions: Ratio: this variable is a float (0 to 1) that is basically how close the...
Due to the request of some users and inspired by "5 Day ADR ICT Intraday Tracker" I updated "CPR Width" and added extra functionality for your convenience.