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Relative Strength Rank
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=68691
Forum: 17 · Topic 68691 · 1 post(s)
Relative Strength Rank
Apprentice · Mon Jul 22, 2019 7:16 am
The indicator creates a score based upon the symbols historical price movement. You can then compare this score to the other RS Rank scores of other stocks or ETFs in your basket of trading instruments. Thus, you can simply pick the instrument with the highest RS Rank score when creating a momentum-based trading system.