OPEN-SOURCE SCRIPT

Comparative Relative Strength Autoselect

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Comparative Relative Strength (CRS) is a relative momentum indicator, used to compare a security against an index, or against another security. The comparison is used to show the relative performance to each other.

This script is a Quality of Life improvement, which attempts to match the base symbol to its relevant index on the local stock exchange. Thus automagically selecting the best and most relevant comparative symbol.


Features:
*optional comparative symbol override, in case your favourite index is not included in this script, or you want to force it to function as as a traditional cRS script without the autoselect feature.

* optional moving average crossover line

* optional absolute momentum calculation, calculating the excess return of the basesymbol and comparativesymbol against its own simple moving average.
Nota Keluaran
* added a zero cross line
* changed default settings
Relative Strength Comparison

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

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