[RSM] Relative Strength Momentum v1.0 [pvt]

4 Des 2019

This indicator was designed to compare relative price momentum across multiple related/unrelated symbols, maximum of 6.
Each symbol's momentum/trend is determined by price movement and custom weighted moving averages.

You can use this indicator to determine changing trends by looking at correlated leading symbols.

Description of Input Parameters:
Dark theme: Turn on this checkbox if you are using the dark theme in Tradingview.
MA Type: Default is preferred, but allows you to choose different Moving Averages to determine momentum.
MA Period: Ideal period is 200 for a Chart TF of 15 minutes to 1 Hour for most symbols I've tested. (US/Euro Indexes CFD and Futures)

Symbol 1-6: Enter a valid Symbol in Tradingview otherwise indicator will return an error.
Display Symbol1-6: Checkbox to turn on/off corresponding symbol's plot.


Access to Script:
Please contact me privately on Tradingview, user id: a.tesla2018
Alternatively, use the links below for method of payment/access to this indicator.

6 Jan 2020

Catatan Rilis

-Release v1.1

• updated logic to better display Symbol Key