Frank-Setup EMA, RS & RSI ✅

It is a clean and simple indicator designed to identify weakness in stocks using two proven methods: RSI and Relative Strength (RS) vs. a benchmark (e.g., NIFTY).

🔹 Features

RSI Weakness Signals

Plots when RSI crosses below 50 (weakness begins).

Plots when RSI moves back above 50 (weakness ends).

Relative Strength (RS) vs Benchmark

Compares stock performance to a chosen benchmark.

Signals when RS drops below 1 (stock underperforming).

Signals when RS recovers above 1 (strength resumes).

Clear Visual Markers

Circles for RSI signals.

Triangles for RS signals.

Optional RSI labels for clarity.

Built-in Alerts

Get notified instantly when RSI or RS weakness starts or ends.

No need to constantly watch charts.

🎯 Use Case

This tool is built for traders who want to:

Spot shorting opportunities when a stock shows weakness.

Track underperformance vs. the index.

Manage risk by exiting longs when weakness appears.