Comparative Relative Strength of a stock

16 ביולי 2020

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

19 ביולי 2020

הערות שחרור

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

28 ביולי 2020

הערות שחרור

Added input as source. Some cosmetic changes.

16 בנוב׳ 2021

הערות שחרור

• version 5
  
• Added color code for CRS moving average
  

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

25 בפבר׳ 2023

הערות שחרור

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

30 ביוני 2024

הערות שחרור

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.