relative

OstapChester

Use this indicator to compare how security is performing in compare with preferred index (SPX by default). > 0 outperforming < 0 underperforming Works best for weekly, but can be applied to monthly and daily charts. It will be rather useless to use it in smaller timeframes Apply it to SPX, industry index, sector index or other security in similar sector

cI8DH

As you can see in the chart below, regular ATR is not useful for long term analysis. Normalizing it, fixes the issue. This indicator can be used to measure absolute volatility. It has a built-in stochastic as well for relative volatility. ATR counts high and low in the equation unlike Bolinger Band...

jod17

I present you my last indicator. A volume indicator that indicates overbought and oversold based on the rsi, I chose the rsi because the most used surment, this indicator allows you to identify the overbought and oversold areas of the rsi with the colors blue (oversold) and orange (overbought ) on the volume indicator! Hoping that you are useful

modhelius

Relative strength is a ratio between two assets, most often a stock and a market average (index). This implementation uses the method described here and the second method described here to calculate its value: "To calculate the relative strength of a particular stock, divide the percentage change over some time period by the percentage change of a particular...

anoojpatel

Relative Vigor Index with Dominant Cycle Detection. As Ehler's mentioned, fixed length look back is inherently flawed when it is possible to extract a length from a dominant price cycle. may be less effective if signal to noise ratio is greater than 2, but that usually would not happen at >5m candles, and honestly shouldn't be looking at RV(igor)I when price is...

everget

Rapid RSI indicator script. This indicator was originally developed by Ian Copsey (Stocks & Commodities V. 24:10 (16-23): Forex Focus).

everget

Relative Momentum Index indicator script. This indicator was originally developed by Roger Altman (Stocks & Commodities V. 11:2 (57-60)). RMI with momentum period of 1 will be equal to an RSI when they have the same period and source price.

everget

This is the Relative Vigor Index indicator just multiplied by 100 to have non-zero integer part

scorpiomanoj

This is an indicator for Indian markets. It shows the relative strength of particular stock to the underlying index. The concept of this indicator is well described in Stan Weinstein's book.

aeinola

Relative Strength Index with indicator lines at 20, 30, 50, 70 and 80 marks. Use settings to show/hide these lines, and to choose appropriate colors.

isurepwn

Why use RSI Candles instead of a normal RSI? Because it removes screen clutter, and it also allows you to clearly see what level of overbought/oversold the candle is really at. Sometimes, it is hard to tell that a candle is overbought/oversold or very overbought/sold when it is exactly at 70 or 80. (as shown by arrows, scroll left on chart) Original RSI Candles...

glennmercer

Version 2 Updates Speed has been increased by ~7X Highest and lowest pairs now highlighted using brighter colors Re-ordered pairs from highest to lowest 'flight to risk' rating I created this tool for the purpose of determining strongest and weakest currencies over different periods of time. Each major currency is compared to the field of other majors...

RicardoSantos

request for: jkinghtsmith, gb50k

jayy

This is an update of the Relative Strength to index as used by Leaf_West.. 4th from the top. my original RS script is 3rd from the top. In this use of the term " Relative Strength" (RS) what is meant is a ratio of one security to another. The RS can be inerpreted in a fashion similar to price action on a regual security chart. If you follow his methods be...

Indicat

Some weeks ago, I had a patient in my practice who suffered from internal stability disorders. Certainly not a case of disordered thinking or schizophrenic behaviour, because his general sense of direction wasn’t the problem. He just couldn’t find the right overall balance, an ailment he struggled with for years. Straight away I could diagnose that surgery...

cristian.d

I have a thing for pivots and SR, so this is Tom DeMark Daily Retracements Levels pivots from DeMark Indicators book by Jason Perl. Red lines -daily R Green lines - daily S Expect reversals or breaks at these points. and some random stock, just test your instrument

konstantin.novik

Relative performance of the selected instruments.

gb50k

Are treasuries moving with VIX or are they correlated with equities? Who's changing faster, VXX or SPY? The indicator displays the RSI's of SPY, VXX and TLT so you can see how they are moving relative to each other.