QuantAnna: Relative Strength Plus (RS+)

TATAMOTORS

Relative strength indicator which shows ratio between two stocks/assets .. usually between stock & its indices

features of indicator is as following.

1. Values oscillates around zero, it is bullish when above zero & bearish when below zero.
1. Weighted smoothing which removes unwanted whipsaws but keeps trend curve intact.
3. In-Built list of Nifty sector indices to show stocks comparison with its sector

please do send your feedback and suggestions.