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Comparative Relative Strength

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=19635
Forum: 17 · Topic 19635 · 7 post(s)


Comparative Relative Strength

Apprentice · Fri Jun 01, 2012 4:08 am

Comparative Relative Strength.png

The indicator gives the average value of RSI of all selected currency pairs.

Comparative Relative Strength.lua

The indicator was revised and updated


Re: Comparative Relative Strength

ThemBonez · Fri Jun 01, 2012 10:07 am

Hi, Rather than charting all the RSI’s can you plot the Average of the Majors overlayed with the RSI of the pair being viewed, so that there are two lines, the Average and the Current Pair RSI. Thanx


Re: Comparative Relative Strength

ThemBonez · Sun Jun 03, 2012 4:11 pm

Hello, In addition to the other idea, I’d like to try another idea to create comparative relative strength. To divide the price of one currency versus another currency. In the Properties screen have the option to choose the 2 currencies. The currency being viewed as the numenator and currency 2 as the denominator, which can be chosen in the properties screen. Thank You


Re: Comparative Relative Strength

ThemBonez · Mon Jun 04, 2012 1:07 am

Hello, For some reason, the Chart is plotting all of the currency RSI’s rather than the average. Can you please check this out. Thank You


Re: Comparative Relative Strength

Apprentice · Mon Jun 04, 2012 1:47 am

Use Show Components option. Set it to No (false).


Re: Comparative Relative Strength

ThemBonez · Mon Jun 04, 2012 5:56 am

Hi, Hate to keep bugging you with this. But the green line is staying below the 30 line. Is there another setting I need to change? Thanx


Re: Comparative Relative Strength

Apprentice · Tue Apr 04, 2017 4:24 am

Indicator was revised and updated.