Relative Strength:
Description:
Strength Indicator is strength wrt other security.
How to USE:
After applying indicator , you can specify with which security you want to compare for eg: default is set to NSE:NIFTY
you can change to anything such as APPL,SPX,HDFC etc..
Apart from Relative Strength , I have added some colour codes to the ratio line in order to identify buy , sell exit.
How To Use:
BUY:
Entry: Buy when line is green and above white line
Exit:
Safe Traders: Exit When colour of line changes to yellow or red or line crosses below white.
Aggressive Traders: Exit When colour of line changes to red or crosses below white.
Sell:
Vice Versa of Buy
Any Comments or Suggestions are most welcome :)
Description:
Strength Indicator is strength wrt other security.
How to USE:
After applying indicator , you can specify with which security you want to compare for eg: default is set to NSE:NIFTY
you can change to anything such as APPL,SPX,HDFC etc..
Apart from Relative Strength , I have added some colour codes to the ratio line in order to identify buy , sell exit.
How To Use:
BUY:
Entry: Buy when line is green and above white line
Exit:
Safe Traders: Exit When colour of line changes to yellow or red or line crosses below white.
Aggressive Traders: Exit When colour of line changes to red or crosses below white.
Sell:
Vice Versa of Buy
Any Comments or Suggestions are most welcome :)
Nota Keluaran:
It works good with NIFTY 50 Stocks
Nota Keluaran:
As of now it will only work for NIFTY 50 Stocks..
Nota Keluaran:
Re added the ability to modify the second security.
Nota Keluaran:
Added protective channel
Nota Keluaran:
channel shaded
Nota Keluaran:
update
Nota Keluaran:
remove update
Nota Keluaran:
update
Nota Keluaran:
Changed for White theme
Nota Keluaran:
test
Nota Keluaran:
Color coding for channel,
if color changes to green, expect a good move in any direction(Testing only)
Works only for nifty
if color changes to green, expect a good move in any direction(Testing only)
Works only for nifty
Nota Keluaran:
update: beta
Nota Keluaran:
update:
Background color for accumulation distribution
Background color for accumulation distribution
Nota Keluaran:
Update: BgColor only for accumulation and distribution. This is only for testing purpose, please don't use it for decision making.
Nota Keluaran:
update:
Added flag to display Accumulation and Distribution on Demand
Added flag to display Accumulation and Distribution on Demand
Nota Keluaran:
Update:
updated color
updated color
Nota Keluaran:
Update:
Added capability for bg opacity
Added capability for bg opacity
Nota Keluaran:
Update:
Updated Lablel Text
Updated Lablel Text