Relative strength vis-a-vis nifty 50 (Relative Strength Indicator)

Hey guys, you were awesome to add the OI indicator just like that please can you add relative strength indicator so we can compare our stock with nifty or with its own sector. If you add this we don’t have to go to tradingview. Like here I’ve set period to 20 days compare to nifty. So it’s showing that TCS is under-performing since last 20 days. @RaunakRathi @JayK

Feature Requests :raised_hand:

2 Likes

hey buddy, the best way to solve for all this now is connect Dhan with TradingView and trade directly from there. Its incredible experience as well.

More on this: https://community.dhan.co/t/now-trade-directly-from-tradingview-com-with-dhan/4213

They have a relative strength indicator in the library, it’s named as comparative RSI, but does the same job of RS.

1 Like

Like on tradingview

Relative strength of the stock by bharat trader

Hey bro why go to TV you have everything in scanx. Explore you get, just looking at underlay with lines crossing above zero or under zero is just a visual appealing. Understanding the concept will give you complete change over. Just plot ema 20 on nifty this is yours it will plot 20 days data, as we have roughly 21 days of trading in a month. If nifty below 20 ema and your stock below 20 means botj are under performing.. All ema has some meaning, just compare your horizon of holding stock apply the ema you are tje best driver for your funds. hope tried to clear your process.

Thank you

Sunny behl