Sayfa 11 | Relativestrength — Göstergeler ve Stratejiler

STAN WEINSTEIN RS INDEX WITH NIFTY 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.

Mansfield Relative Strength Multi Trend This indicator is an advanced studie of 'Mansfield Relative Strength Trend' indicator Since it is too time consuming to constantly change the index, I have developed a multi-index indicator. The default order of the indexes is: 1. S&P 500 2. Dow Jones Industrial Average 3. Nasdaq Composite 4. NYSE Composite 5. DAX You can change all indexes in the settings if you want. ********************************* 'Stan Weinstein' developed an indicator called Relative Strength which compares the relative strength of a stock with the associated index. This indicator combines the relative strength with Weinstein's stage analysis. The indiacator was made for weekly stock charts only! BUY & HOLD Conditions (green): 1. Mansfield Relative Strength is above the zero line 2. Price is above the Simple Moving Average (30) 3. Simple Moving Average (30) is rising SELL & HOLD Conditions (red): 1. Mansfield Relative Strength is below the zero line 2. Price is below the Simple Moving Average (30) 3. Simple Moving Average (30) is falling It is recommended to end the trade when the trend changes. ********************************* Please always remember, there is no holy grail indicator!

Mansfield Relative Strength Trend 'Stan Weinstein' developed an indicator called Relative Strength which compares the relative strength of a stock with the associated index (in this case the S&P 500). This indicator combines the relative strength with Weinstein's stage analysis. The indiacator was made for weekly stock charts only! BUY & HOLD Conditions (green): 1. Mansfield Relative Strength is above the zero line 2. Price is above the Simple Moving Average (30) 3. Simple Moving Average (30) is rising SELL & HOLD Conditions (red): 1. Mansfield Relative Strength is below the zero line 2. Price is below the Simple Moving Average (30) 3. Simple Moving Average (30) is falling It is recommended to end the trade when the trend changes. Default index is S&P 500, but you can change the index in the settings if you want. Please always remember, there is no holy grail indicator!

TEXAS 2 Step RSI-2 - Alerts Built-in Be sure to Add to Favorites (down below) and/or Like/Follow this script so that you will be alerted to UPDATES. Adding to Favorites makes it available in your list of Indicators. The Texas 2 Step is a lower indicator (arrows on candles added for reference) based on the RSI-2 Strategy made famous by Larry Connors. I use this indicator for: Timing Entries and Exits Trading Between Up/Ddown Signals Detecting Trends and Pull Backs I use this indicator by looking for the RSI-2 number going back inside the 10-90 range(gray) after being outside (red/green). This tells me the price is no longer at an extreme. You never know how many candles will remain in the extreme areas so wait for a candle to close inside the range. On longer time frames (daily/weekly) you will notice several candles will stay in the extreme areas resulting in 100 pips or more before returning to the inside range. In these cases you can go LONG/SHORT in the direction of the extreme area and close your position once it returns to the inside range. There are 4 Built-In Notifications already created for you and are available by simply right clicking in the indicator area and selecting: Condition: TX2Step v3 - RSI Then 1 of the 4 Alerts: Green Alert - RSI2 > 90 and line turns Green Red Alert - RSI2 < 10 and line turns Red Down - RSI2 < 90 after being in the top RSI2 > 90 area Up - RSI2 > 10 after being in the bottom RSI2 < 10 area I look forward to hearing your thoughts on the indicator and will definitely like to build upon this indicator and continue to update it. This adaptation was based off of the original code from the talented Chris Moody. Plenty of additional information about Larry Connors RSI-2 Strategy with PDFs and Backtests in the stock markets on the original Script.

Currency Relative Strengths V.2 [GM]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 and its average change is measured over a predetermined period of time. The result is displayed as a percentage. I use it for trend following but it can also be used to fade exhaustion. Instructions Add indicator to chart Select a time frame under settings Place cursor over period of interest Click "Data Window" on right hand side bar View % change avg values for each currency

Currency Relative Strengths [GM] - Data Indicator 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 and its average change is measured over a predetermined period of time. The result is displayed as a percentage. I use it for trend following but it can also be used to fade exhaustion. Instructions Add indicator to chart Select a time frame under settings Place cursor over period of interest Click "Data Window" on right hand side bar View % change avg values for each currency

Hersheys CoCo This is my variation of the Correlation Coefficient and I call it "Hershey's CoCo". The indicator identifies very specific Stock, Sector and Market pressures on whatever symbol you are evaluating. If interested, follow me and send me requests to evaluate your stock or sector as I refine this tool. *********************************************** Price movement does not happen in isolation. Stocks are held by various "containers" that can be traded independently and can affect the price of each stock. The most important of those containers are Sector and Market, while others include Industry, MarketCap and others. For example, Market is simply the top level representation of all stocks, or the sea that carries, or sinks, all ships. You can monitor this level by looking at various indexes, ETFs and/or Funds. I use "VTI", the Vanguard Total Stock Market ETF. Sectors can be monitored using any number of containers, like Vanguard Sector Index Funds or ProShares Ultra Sector Indexes. I use the S&P SPDR Sector Funds. A list of those are listed below. Most of the techniques and indicators that deal with correlation and sector/market comparisons are not very detailed. Many simply overlay one price series over another, while you tediously follow the price lines from left to right trying to judge movement. Another critical piece missing from other compare tools is normalizing each data series. Hershey's CoCo does this, so you can have confidence that the alerts you see are based on accurate comparisons at every level. *********************************************** So let's get to the details! Hershey's CoCo currently compares 2 containers, so for this discussion we'll do Stock to Sector. You'll see arrows above and below some ticks of the price chart, plus a faint red or green background color. Very Bull = Blue Arrow = Stock and Sector prices are up, Stock price up more Bull = Green Arrow = Stock and Sector prices are up, Sector price up more Bear = Red Arrow = Stock and Sector prices are down, Sector price down more Very Bear = Black Arrow = Stock and Sector prices are down, Stock price down more Neutral = No Arrow = Stock and Sector price movement equal Arrow Length = Strength (the longer the arrow the bigger the difference) Green Background = Bull = Above zero Simple Moving Average of all arrow values Red Background = Bear = Below zero Simple Moving Average of all arrow values To review, the Blacks and Blues are the HEAVIEST pressure... the LONGER the STRONGER!