OPEN-SOURCE SCRIPT
Relative Strength Comparison
This indicator compares the difference in percentage change between two symbols
over a user-specified number of bars.
Default settings will show the difference between the current symbol and the
S&P 500 ETF (SPY) over 10 bars. It can be used to determine if the stock is
showing relative strength or weakness compared to the overall market.
over a user-specified number of bars.
Default settings will show the difference between the current symbol and the
S&P 500 ETF (SPY) over 10 bars. It can be used to determine if the stock is
showing relative strength or weakness compared to the overall market.
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