relative

IsWhatItIs1

Hello everyone, This Script is designed to show relative strength or relative weakness. It takes the stock your looking at and compares it to the sector it is in and to SPY. It evaluates strength or weakness on every candle. In this specific script it is only designed for the communications sector(XLC), so all the names I have inputted into the script fall...

PHVNTOM_TRADER 已更新 

Relative Strength Index (RSI) + Realtime Divergences This version of the RSI indicator includes the following features: - Optional divergence lines drawn directly onto the oscillator in realtime. - Configurable alerts to notify you when divergences occur. - Configurable lookback periods to fine tune the divergences drawn in order to suit different trading...

metka183 已更新 

The basic math behind this Indicator is very similar to the math behind the Relative Strength Index without using a standard deviation as used for the Relative Volatility Index. The Volatility Range is calculated by utilizing the highs and lows. However not in the same way as in the Relative Volatility Index. This approach leads to different values, but the...

reees 已更新 

Overview: One-stop shop for all your divergence needs, including: (1) A single metric for divergence strength across multiple indicators. (2) Labels that make it easy to spot where the truly strong divergence is by showing the overall divergence strength value along with the number of divergent indicators. Hovering over the label shows a breakdown of each...

fibonacci_wizard 已更新 

When RSI is above 50 our default bias is on buy side and when below 50 our bias is on sell side. Therefore created 2 zones for easy identification.

gehteha

Displays the Relative Strength (RS) of a symbol in relation to some common sector ETFs, SPX and NDX (select from drop-down list). This is done by dividing the symbol's price by the chosen sector ETF's price. You can also select a symbol of your choice to compare against. Interpretation: RS line ascending: symbol performs stronger than the sector ETF. RS line...

QuantG

Relative strength rank is a momentum indicator based on combination of short and long term strength combined with ATR to adjust for current volatility. The Multi timeframe version long with signals only above or below +1 and -1 provide quite reliable signals and entries for pullback levels. The RSR signal has been smoothed with EMA.

PtGambler 已更新 

The candle strength indicator depicts the average strength of the price action by evaluating bullish vs bearish candles. The scale is relative to price fluctuation and the size of the candles for the particular ticker / market, so there are no significant levels. A cross on the zero line would generally indicate a change in trend / sentiment. This indicator...

ExpensiveJok

This script it's created to send open-close signals via webhook. It allows you to open a relative value position based in the relative graph. You can set the TP and SL levels and the script will send the signal to your exchange. Due a pine limitations it is necessary apply the script in the 2 different actives and set the alerts. You can just do the relative...

Jury_P 已更新 

Hello traders! This is my first script that I will publish here. This script calculates the relative volume based on the average volume at that time of the day across different brokers.

mdenson

I've seen several youtubers using 2 RSI's on top of one another to filter trades for their strategies. I figured I would just code it up as an all-in-one indicator for people who have the basic package. This way they have an extra slot for another indicator if they need one and also for convenience. Longs only when RSI 1 is above RSI 2 and shorts only when...

vranabanana 已更新 

Stochastic RSI presented as a heatmap starting from the oversold (20) / overbought (80) levels respectively. The more oversold / overbought the price, the more intense the color (blue / fuchsia).

Dr-Redux

Comparative Relative Strength for Crypto (USDT/USD) An adaption of the indicator as published by © bharatTrader-> Please visit the link for details as published by the original coder. Configured for Crypto by presetting (per filter) for CIX100 usage - either in USDT (Kucoin) or USD (Capitolcom)

gorx1

Relative slope metric Description: I was in need to create a simple, naive and elegant metric that was able to tell how strong is the trend in a given rolling window. While abstaining from using more complicated and arguably more precise approaches, I’ve decided to use Linearly Weighted Linear Regression slope for this goal. Outright values are useful, but the...

konstantin.novik

This indicator allows to compare relative performance of two indices or securities. It is the update of the previous version rewritten in Pine Script 5 version.

QuantNomad 已更新 

As you probably know in TradingView there is a limit of 40 instruments in one custom screener. I created a script that will allow you to scan more symbols. The idea of it is pretty simple. You have to add a screener a few times on your screen with a different set of symbols. Then select column width (as % of your chart width) and # of the screener right to left....

jmosullivan 已更新 

The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions. The RSI is normally displayed as an oscillator separately from price and can have a reading from 0 to 100. This indicator displays the current RSI levels at up to 6 timeframes (of your choosing) in a grid. If...

WebPro_Expert

Relative strength is a calculation of the price trend of a stock or a financial instrument in comparison to another instrument, stock, or industry. It shall be determined by taking the price of one commodity and dividing it by another. Relative strength is a strategy used for determining value stocks and is used in momentum investing as well. It involves...