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Ultimate Relative Strength

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Ema 9 and 21 crossover bands. Green for positive trend, red for negative. It then calculates the distance between the bands and plots the distance as a percentage compared to the overall asset price.

Relative strength index with overbought and oversold levels (customizable). Green columns could be a good place to DCA. Red columns for marking local tops.

By recording the RS % amongst a list of assets, you can determine Salxx's RS Ranking from highest to lowest. A high ranking % inside a red column suggests short term dip or sideways movement. Not the best time to buy in. Monitor until consolidation between overbought and oversold levels. If RS ranking still high, now time to buy in.
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Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.