OPEN-SOURCE SCRIPT

Triple MA RS Confluence

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This script evaluates relative strength confluence by comparing the ratio of an asset to a benchmark (e.g., Asset/SPY) against three configurable moving averages (MA #1, MA #2, MA #3).

Each bar is color-coded based on RS position relative to the MAs:

Lime Green — RS > all three MAs (full confluence)

Yellow — RS > MA #2 and MA #3, but ≤ MA #1 (partial confluence)

Red — RS ≤ MA #2 (no confluence)

Designed for systematic trend identification, this tool helps visually confirm RS alignment across short-, medium-, and long-term conditions. Inputs include adjustable MA lengths and types (EMA/SMA), benchmark symbol, and visual toggles for confluence state changes.

Pairs well with multi-timeframe RS strategies or clustered MA compression filters.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.