Relative Strength
This indicator is called Relative Strength and is no way related to RSI ( Relative strength indicator).
It is simply a ratio of asset A to asset B plotted. Usually it is used to look for strength vs a particular index. Since it is a ratio, all the trendlines work on it. The default index is NIFTY. You can change it any index/script you want to compare:
1. Script vs Index
2. Index vs Index
It is simply a ratio of asset A to asset B plotted. Usually it is used to look for strength vs a particular index. Since it is a ratio, all the trendlines work on it. The default index is NIFTY. You can change it any index/script you want to compare:
1. Script vs Index
2. Index vs Index