Relative Strength Rank

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

Relative Strength Rank

Postby Apprentice » Mon Jul 22, 2019 7:16 am

USDOLLAR H1 (07-22-2019 1222).png

The indicator creates a score based upon the symbols historical price movement. You can then compare this score to the other RS Rank scores of other stocks or ETFs in your basket of trading instruments. Thus, you can simply pick the instrument with the highest RS Rank score when creating a momentum-based trading system.
Relative Strength Rank.lua
(5.94 KiB) Downloaded 345 times
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36341
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Return to Custom Indicators

Who is online

Users browsing this forum: Google [Bot] and 30 guests