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CRS by TQ

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CRS by TradeQUO
Comparative Relative Strength Indicator

What it does

  • Computes the percentage difference in performance between your current chart symbol (e.g. GC1!) and a chosen benchmark (e.g. ES1!, DXY, NQ1!).
  • Smooths that “CRS” line with a configurable moving average (SMA, EMA, WMA) — default length is 63 bars.


Key Plots

  • CRS (%) (aqua) — how your symbol has held up relative to the benchmark since the chart loaded.
  • CRS MA (%) (fuchsia) — smoothed trend of that relative strength.


How to Interpret

Trend-Following

  • Long when CRS crosses above its MA and is above 0 → your symbol is outperforming.
  • Short (or reverse) when CRS crosses below its MA and is below 0 → underperformance.


Regime Filter

  • CRS > 0 → Risk-On environment for your symbol vs. benchmark.
  • CRS < 0 → Risk-Off relative to the benchmark.


Divergence Signals

  • Bearish Divergence: Price makes a higher high, but CRS makes a lower high → potential sell-off incoming.
  • Bullish Divergence: Price makes a lower low, but CRS makes a higher low → look for rebound opportunity.


Pairs Trading

  • Outperformance: Long your symbol + Short benchmark when CRS > MA.
  • Underperformance: Short your symbol + Long benchmark when CRS < MA.


Why it matters

  • Reveals relative market leadership early, not just absolute price moves.
  • Helps you allocate risk dynamically, spot rotations and catch reversals before they show in price alone.


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