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CRS

Relative Strength Price Oscillator Indicator (RS PPO)Percentage Price Oscillator (PPO) The Percentage Price Oscillator (PPO) is a momentum oscillator that measures the difference between two moving averages as a percentage of the larger moving average. As with its cousin, MACD, the Percentage Price Oscillator is shown with a signal line, a histogram and a centerline. Signals are generated with signal line crossovers, centerline crossovers, and divergences. PPO readings are not subject to the price level of the security and the PPO values for different securities can be compared, regardless of the price of the security. Relative Strength (RS) Relative strength is a strategy used in momentum investing and focuses on investing in stocks or other securities that have performed well relative to the market as a whole or to a relevant benchmark. Chart In the chart, Microsoft stock (MSFT) is plotted against the VanEck Semiconductor ETF (SMH). In the example on the left, from the negative values of the RS PPO it can be seen that MSFT, although trending upward, is losing out in negative terms to the SMH etf. In the example on the right, during a correction phase with a downward price trend, Microsoft held up relatively well compared to the Van Eck Semiconductor etf.
Pine Script™ indicator
by bvdbeld2
ElearnMarkets CRSHi Everyone, How it works? 1. With this indicator you can compare any other symbol of index/security with selected symbol. 2. You can compare with three different Indices/symbols. 3. Also you can keep different timeframe to compare with the current symbol. 4. No need to add multiple indicators for same purpose. Feel free to suggest any changes to the indicator. I hope this indicatory could help you achieve what you expect. Thanks, Yogesh
Pine Script™ indicator
by yogeshjc1
4
Combo Backtest 123 Reversal & Comparative Relative Strength This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Comparative Relative Strength Strategy for ES WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
Combo Strategy 123 Reversal & Comparative Relative Strength This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy Comparative Relative Strength Strategy for ES WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ indicator
by HPotter