Comparative Relative Strength of a stock

2020년 7월 16일

Perform comparative relative strength of a stock. Default base is NIFTY 50.

2020년 7월 19일

릴리즈 노트

Cosmetic changes to make the display pretty and input choices in more logical sequence.

2020년 7월 28일

릴리즈 노트

Added input as source. Some cosmetic changes.

2021년 11월 16일

릴리즈 노트

• version 5
  
• Added color code for CRS moving average
  

A color-based trend on the Ratio moving average. The trend lookback is configurable.

2023년 2월 25일

릴리즈 노트

• Possible to plot candles, of ratio chart, instead of line chart only.
  

2024년 6월 30일

릴리즈 노트

Updated to include a "CRS Score" and "CRS Pattern"

• CRS Score: The number of consecutive bars, when the trend of the relative strength is increasing/decreasing. If CRS is falling, score will be negative, if rising, score will be positive and 0 if it is neither positive nor negative (blue)
  
• CRS Pattern: The pattern of the last 23 (default) bars for the CRS Trend.
  

If say, the CRS Pattern is RRRRRRRRRSSGG - It means that after 11 bars, the strength is now positive for last 2 bars. This is a good way to visualise a turn around in relative strength of the stock. Higher the number of opposite trend the greater that chance of the reversal.