OPEN-SOURCE SCRIPT

Triple MA RS Confluence

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This script evaluates relative strength confluence by comparing the ratio of an asset to a benchmark (e.g., Asset/SPY) against three configurable moving averages (MA #1, MA #2, MA #3).

Each bar is color-coded based on RS position relative to the MAs:

Lime Green — RS > all three MAs (full confluence)

Yellow — RS > MA #2 and MA #3, but ≤ MA #1 (partial confluence)

Red — RS ≤ MA #2 (no confluence)

Designed for systematic trend identification, this tool helps visually confirm RS alignment across short-, medium-, and long-term conditions. Inputs include adjustable MA lengths and types (EMA/SMA), benchmark symbol, and visual toggles for confluence state changes.

Pairs well with multi-timeframe RS strategies or clustered MA compression filters.

Penafian

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