Comparative Relative Strength of a stock

16 Tem 2020

Perform comparative relative strength of a stock. Default base is NIFTY 50.

19 Tem 2020

Sürüm Notları

Cosmetic changes to make the display pretty and input choices in more logical sequence.

28 Tem 2020

Sürüm Notları

Added input as source. Some cosmetic changes.

16 Kas 2021

Sürüm Notları

• version 5
  
• Added color code for CRS moving average
  

A color-based trend on the Ratio moving average. The trend lookback is configurable.

25 Şub 2023

Sürüm Notları

• Possible to plot candles, of ratio chart, instead of line chart only.
  

30 Haz

Sürüm Notları

Updated to include a "CRS Score" and "CRS Pattern"

• CRS Score: The number of consecutive bars, when the trend of the relative strength is increasing/decreasing. If CRS is falling, score will be negative, if rising, score will be positive and 0 if it is neither positive nor negative (blue)
  
• CRS Pattern: The pattern of the last 23 (default) bars for the CRS Trend.
  

If say, the CRS Pattern is RRRRRRRRRSSGG - It means that after 11 bars, the strength is now positive for last 2 bars. This is a good way to visualise a turn around in relative strength of the stock. Higher the number of opposite trend the greater that chance of the reversal.