Overview: This implementation of the RS Line mimics how Investor's Business Daily and CANSLIM investors measure growth stock performance versus the S&P 500. If you are looking at a weekly chart, the RS Line is the performance of the stock over the past week versus the S&P 500 over that same time frame. The same logic applies to the daily and monthly charts,...
My other indicator shows the linear regression slope of the source. This one finds the exponential regression slope and optionally multiplies it by R-squared and optionally annualizes it. Multiplying by R-squared makes sure that the price movement was significant in order to avoid volatile movements that can throw off the slope value. Annualizing the exponential...
Confluence of Indicators and Signals (CoInS) v2 skv This time best of pivots and oscillators came to confluence to guide traders for better decision making to trade. Remember practice makes profit. This script created for educational purpose for learners want to observe/study the indicators and its signals. Indicators HMA, SMA, Super Trend, MACD, BB,...
A relative strength indicator that compares your main symbol (one on your chart) strength to another symbol by percentage. The result is plotted as a histogram showing which symbol is rising or falling more in percentage. In case your chart symbol is TSLA (Tesla) and the indicator 'Symbol to compare' is SPX: GREEN area (above zero) means TSLA is rising more than...
I am publising Relative Strength Comparative. It is be used to compare a Stock's Performance against another stock/index (Default NIFTY50) I also devised a Plot RS Rating which is inspired from IBD's RS Rating and matches to some extent. You can turn off/on the RS Rating as per need. Example: ITC vs NIFTY 50 it will be ITC / NIFTY The Indicator can be used in...
The Price Relative indicator compares the performance of one security to another. This indicator can be used to compare the performance of a stock against a benchmark index, such as the S&P 500, or its sector/industry group. This makes it possible to determine if a stock is leading or lagging its peers. The Price Relative is used to gauge relative strength, which...
TheTradeKit (lifetime) Indicator Suite A data first approach. Community Second. Transparent always. Designed for traders of any market including: - Crypto - Forex - Stocks - Commodities With a little configuration and insight into your trading style. TheTradeKit has been designed to be as simple as selecting a pair and let the market present opportunities for...
Relative Strength Comparison compares a security's price change with that of a "base" security or index. You can change the "base" security from the indicator settings. You can compare: - Stock to other stock - Stock to the benchmark index - One index to another index
In the S&C September 2020 article “Tracking Relative Strength In Four Dimensions”, James Garofallou presents a metric for evaluating a security’s strength relative to 11 major market sectors and over several time periods. All this information is squeezed into a single value. Maybe at cost of losing other important information? In this article we’ll look into how...
Periodic price change. Application: Sector rotation analysis by comparing different tickers. Simple statistical analysis (with lookback period) for knowing how good they were. If you are a believer in sector rotation, you can add different sector stocks to see which of them are lagged behind and buy them. In this example, you could see tesla periodically fall...
This version of the Mansfield Relative Strength Indicator uses the unflattened version of the indicator recommended on the Stage Analysis website, as the slope angle of "Zero Line" (52 week MA of the stock / S&P 500) gives additional useful information that can't be seen on the traditional flattened version of the Mansfield Relative Strength Indicator.
™TradeChartist Simple RSI Spotter is an elegant version of the classic RSI indicator and helps spot price trends using visually engaging and appealing RSI plot and background. The Bull and the Bear background fills are highly useful for traders who like to visually understand areas of entry and exit based on RSI...
Bollinger bands says whether price or any source is relatively high or low at any particular point of time. We can apply Bollinger bands on RSI and volume indicator Price Volume Trend to identify if RSI movement or PVT movement is relatively high or low. By calculating Bollinger %B, we can define the variation in a range between 0 to 1. By applying Bollinger %B...
This easyRS indicator shows the strength of a stock with color bar *black bar is very weak *gray bar is weak *green bar turn strong *orange bar very strong *red bar is bubble strength send me a private message to gain access on the indicator.
Hi again! So, this is BUY and SELL signal base on Price action, RSI, and Correlation between Forex Major Pairs. It's only work for Forex Major Pairs because I only took their data. Included alert : Spec, Buy, Strong Recommended to wait for double signal : Spec Buy > Buy or Spec Sell > Sell Buy > Strong Buy or Sell > Strong Sell So execute after the second...
A better way to trade major pairs. Similar to RSI CSI, with less noise and real price action movement. Some explanation. Set thickness of "Color 0" from each currency to know the strength. Use on 30m timeframe and above to see the power of each currency. Suggestion : Set timeframe 30m for 1h play (your timeframe : 2), so you can get early signal. Always...
Simple indicator. Chose ADX Length and Timeframe and it will show translucent black candles for downtrends and white candles for uptrends.