Relative Strength

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

Postby Apprentice » Tue Mar 19, 2013 3:24 pm

Relative Strength.png

Indicator will compare two instruments according to the formula.
RS =( (A2/B2) -(A1/B1))/(A1/B1)

A1 = Beginning price of chart Instrument
A2 = Ending price of chart Instrument
B1 = Beginning price of second Instrument
B2 = Ending price of second Instrument
Relative Strength.lua
(3.76 KiB) Downloaded 557 times


The indicator was revised and updated
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36435
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Relative Strength

Postby Apprentice » Wed May 10, 2017 5:49 am

Indicator was revised and updated.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 36435
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


Return to Custom Indicators

Who is online

Users browsing this forum: No registered users and 24 guests