add the RS( relative strength) indicator in trading view charts
Hi @Maninder_Singh, please confirm if you are referring to this indicator here. Also, also we request you to highlight some use cases over traditional RSI.
yes, for Relative Strength (RS) indicator not traditional RSI.
Yes The “ RS” tell us about stocks strength in comparison to index like nifty 50 or nifty 500 or what ever index we select and we ca also select time period for RS.
While RSI tells stock’s strength against it’s own performance in previous days. .
Many people use this for their entery in the stocks.
This is indeed very useful and popular indicator, and must be included.
Hello @vinit33pratap @Maninder_Singh @Naman28
We have Comparative Relative Strength as an indicator which is what you are referring to here. Do check it out and let us know if that works for you.