OPEN-SOURCE SCRIPT
已更新 IT-Dual Relative Strength

One can use this indicator to compare two security i.e. (Nifty and stock with its own sector) how it is performing in compare with preferred index ( Nifty 50 by default).
> 0 outperforming
< 0 underperforming
Works best for Daily TF, but can be applied to Weekly and monthly charts .
Can be use on smaller time frame as well, as per the number of hour you want to calculate.
Apply it to Nifty 50 , industry index, sector index or other security in similar sector
I have Added the Box table as well which shows the performance agents Nifty and selected sector.
> 0 outperforming
< 0 underperforming
Works best for Daily TF, but can be applied to Weekly and monthly charts .
Can be use on smaller time frame as well, as per the number of hour you want to calculate.
Apply it to Nifty 50 , industry index, sector index or other security in similar sector
I have Added the Box table as well which shows the performance agents Nifty and selected sector.
發行說明
This is the upgraded version for IT-Dual Relative Strength with same name but V2.0One can use this indicator to compare two security i.e. ( Nifty and stock with its own sector) how it is performing in compare with preferred index ( Nifty 50 by default).
> 0 outperforming
< 0 underperforming
Works best for Daily TF, but can be applied to Weekly and monthly charts .
Can be use on smaller time frame as well, as per the number of hour you want to calculate.
Apply it to Nifty 50 , industry index, sector index or other security in similar sector
I have Added the Box table as well which shows the performance agents Nifty and selected sector.
Release Notes:
Added toggle color option on crossovers
Fixed bug on label display, even when plot option was disabled
發行說明
In addition to the existing RS behavior, it is now possible to superimpose price-action behavior on the RS line.As per existing RS, RS above zero indicates outperformance/strength over the selected benchmark and RS below zero indicates underperformance/weakness over the selected benchmark for the selected period.
Added length of SMA/EMA for RS is 9
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。