Comparative relative strength.
I think anyone reading this post would agree that my request is actually an interesting one. kindly go through and let me get the most number of highlights only and only because dhan works on this.
a trader or an investor is going to make money out of the market only and if THEIR HOLDING OUTPERFORMS the market. This is the core rule of making money. change my mind.
Dhan has solved that issue by providing an indicator called as the THE COMPARATIVE RELATIVE STRENGTH INDICATOR in their in house trading view charting platform. But they need to understand that this is a leading indicator. it will basically show the relative return of the stock to the benchmark indicates outperformance or underperformance the benchmark (which is the index) itself.
i have sent more than 10 emails requesting, making the support team understand that this is a leading indicator and it will be a major major successful strategy if they had arrange for a scanner of stocks which are currently outperforming the market so that they can be arranged in the portfolio likewise?
A scanner provided by dhan to indicate the stock is outperforming or underperforming the benchmark by x number of days with the help of the indicator available in the trading view.
So i would DHAN to make a scanner for comparative relative strength of the stock compared to the benchmark by the X number of days so that any person in the market can understand if their holding is outperforming or underperforming the benchmark.