A Ratio Chart, for analysis with any benchmark. This is the open source version of the earlier, Fixed Ref. Ratio indicator. This is the version that will be maintained in the future.
Plots a ratio of the symbol to benchmark. Plots, all time high ratios (orange bubbles), Increasing ratios (blue bubbles).
Detailed write up will be added in subsequent updates.
เอกสารเผยแพร่
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New ARS Date - 16 - Feb - 2021
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Fixed a bug/error. Now resumed possibility to change colors of plots from style section. Refer code for smaBubble. No other change.
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Pine 5
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Changed ARS date
New adaptive date: 18th May 2021
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New ARS - 3rd Aug 2021
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New ARS Date - 18th Oct 2021
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Change ARS Date to 7th March 2022
Text box now has benchmark and symbol change explicitly displayed in %
sir can u make a indicator ( in line chart )where we can compare strength of all rs strong stocks just like we do on tickertape.com... but here we can compare only 3 peer stocks. but i want to plot all rs strong stocks in single window so that i can compare strength for intraday purpose and swing .
foeoknun
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@Chandan18, use 40-60 RSI as per vishal malkan strategy for swing or intraday. it will help you. if need more info. go to YouTube
bharatTrader
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@foeoknun, This indicator has nothing to do with RSI.
bharatTrader
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@Chandan18, Pinescript is not designed for such tasks. You should use some screener softwares like chartink or trendlyne
dippeshpatil
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Colour Spot meaning in rs ?
passiontrader08
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sir thnak u for desiging this wonderful indicator ... one question i wan to ask, what is significance of green , orange dots in indocator ??
Phatinfantry
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The write up explaining how it works was on the old one. You may want to consider posting the old info on this link. The old link has been taken down, so no one can see the instructions. Wonderful indicator and very useful.
jiteshp30
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word best indicator bharat sir sir my question what is full form of ARS or SRS meaning ?
sunitbansal1974
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Can i find indicator " MA100 Period of Comparative RSI ". Please suggest