Volatility Adapted Relative Strength

11 במרץ 2022

VARS uses a stock's ALPHA in comparison to the SPX to determine whether there is RS on an volatility adjusted basis.

11 במרץ 2022

הערות שחרור

Changes:
(1) Length of the α-timeframe.
(2) Additional coloring for higher α-values.

13 במרץ 2022

הערות שחרור

Each variable of the indicator is now fully editable.

14 במרץ 2022

הערות שחרור

The script now works with two different beta and alpha reference points to map VARS to longer and shorter running time frames. Each value is customizable.
Nota bene: The default values are still work in progress.