Absolute Strength

Absolute Strength

The Absolute Strength indicator indicates the current market “strength” in two different ways possible:

  1. RSI Method
  2. Stochastic Method

and by separating the bulls and bears into 2 curves.

The results are then averaged with the same “length” as the one used for these 2 above methods and smoothed a second time using the “Smooth” variable. The moving average mode used is by default the Weighted one.


Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. Vicari0us • 01/16/2019 #

    Hi Nicolas,

    How do I incorporate this indicator into my strategy?
    I mean what do I call the indicator.

    trend = supertrend[7,3] //This is for Supertrend indicator
    Confirmations = Absolutestrength[??] //What do I add here to use it in the syntax


    • Nicolas • 01/16/2019 #

      Use the CALL function: https://www.prorealcode.com/documentation/call/
      or use the ‘fx’ button in the ProBacktest window to add it automatically in your program.

  2. Vicari0us • 01/16/2019 #

    Perfect thanks!

    I got it

  3. Bogdan35 • 01/16/2019 #


    I there one for a MT4 File? Thanks!

  4. MStarFX • 01/16/2019 #

    How do I add Absolute Strength indicator into my chart

  5. Jo han • 01/16/2019 #

    I am trying to call Absolute Strength into ProScreener (PRT 11.1)
    But i do not get any results “matches” in my ProSreener Window.
    Works fine with other indicators. It’s like it not calling the indicator properly?

    Code in proscreener;

    ignored, ignored, indicator1, indicator2 = CALL “PRC_Absolute Strength”[0, 9, 1, 2](close)
    c1 = (indicator1 >= indicator2)

    SCREENER[c1] ((close/DClose(1)-1)*100 AS “%Chg yest.”)

    Best Regards,

    • Nicolas • 01/16/2019 #

      The moving average mode is not working in ProScreener, you have to change the code for the appropriate moving average type. By default it is set to Weighted Average, so you have to change all lines containing MODEMA with WeightedAverage, see https://www.prorealcode.com/documentation/weightedaverage/

  6. Jo han • 01/16/2019 #

    Thanks for the explanation!

    Tried to change ModeMA (4 rows at the bottom) with WeightedAverage[9](close)
    but get “A positive integer field is expected with average”

    //Nicolas @ http://www.prorealcode.com
    //Sharing ProRealTime knowledge

    // — settings
    //Mode =0 // 0-RSI method 1-Stoch method
    //Length = 9 // Period
    //Smooth = 1 // Period of smoothing
    //ModeMA = 2 // Mode of Moving Average
    // — end of settings

    if barindex>max(Length,Smooth) then

    if Mode=0 then
    if Mode=1 then
    Bulls=Price1 – smin
    Bears=smax – Price1

    // AvgBulls=average[Length,ModeMA](Bulls)





    RETURN SmthBulls coloured(0,0,255,50) style(histogram), SmthBears coloured(255,0,0,50) style(histogram) , SmthBears coloured(255,0,0) style(line,3), SmthBulls coloured(0,191,255) style(line,3)

    Also tried to replace the whole average line with

    // AvgBulls=average[Length,ModeMA](Bulls)




    Do not get any errors with this but it is still not working with proscreener
    Any pointers in the right direction (I’m really a beginner in programming)


    Best Regards,

    • Nicolas • 01/16/2019 #

      Please open a new topic with the code and an explanation, you have messed up the initial code 🙂

  7. Jo han • 01/16/2019 #

    Ok 🙂

  8. dau710 • 01/16/2019 #

    Are the Bulls Blue & the Bears Red?

Register or


avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar avatar

+4 more likes

Related users ' posts
Alai-n Congratulations on this work !
Faisalx ChatGPT Hola Iván. Gracias por tu excelente trabajo. Te agradecería si pudieras echarle un...
Iván ok, perfecto! me pongo con ello
2 months ago
luiskohnen This indicator re-paint?
Iván Hi, Sorry, but what do you mean?
luiskohnen Hola, queria saber si el indicador repinta, porque a mi me parecio que si. Saludos y gracias...
P. Marlowe Quite an impressive work, Iván. Extremely useful and accurate. Congratulations. Keep it up¡
lkiklkik i love it !!! thanks.
Lean Me parece muy buen indicador, y se complementa muy bien en mi sistema, ¿podrías crear un scr...
Iván Gracias! Para el screener sólo tienes que copiar el indicador y poner como condición de búsq...
Lean Muchas gracias Iván, ya lo he podido crear.
7 months ago
Matriciel Very nice job ! Is it possible to do the opposite because what interests me is to have the ...
YvesRobert Hi Matriciel, how can we do this, because stochastic is limited between 0 and 100 but price ...
Traderfox06 Dear zeiiermantrading, I really like your approach combining adaptive averages with MACD in...
jacquesgermain Hello IASD it's normal , when this occurs, uncheck RSI and MFI line and click then the MAC...
emiliobercial Thank you very much for sharing!
Carlose estoy de acuerdo con IASD Esta muy bien el MAD y el indicador en el precio no se ven bien...
bousalahane merci pour le partage de cet l'indicateur, j'ai rajouté un autre indicateur pour faire une s...
joaoarcher Hi, thank you for the this. Is it possible to create a screener from this indicator, so that...
ThaNoizy Yes, you cannot use CFDs on IG for Weekly strats you need to use their Index Futures, they h...
KumoNoJuzza Thanks. I did not know IG had Futures. I am always missing an info or a detail. I used to th...
joaoarcher Hi, thank you for the this. Is it possible to create a screener from this indicator, so that...
1 year ago
Violet Nicolas, you calculate iRSI, but don't use it. You show RSI in the returned values, which, a...
Nicolas Yes, that's an error. RSI instruction is set by default to 14 if you don't indicate it that'...
DELBERT Bonjour , Nicolas , je voudrais installer cet indicateur sur ma PRT , version 10.3 , mais je...
Nicolas En effet, il faut à minima une version 11. La 10.3 est tellement ancienne maintenant.. Je pe...
DELBERT Bonjour , Nicolas , merci pour ta réponse , je fais un essai et je verrais . Salutations .
Khaled Thank you Nicolas! Looks like TDI (Trader Dynamic Index). Interesting to give Exit Signal as...
Nicolas ColorBetween is an instruction added last year: https://www.prorealcode.com/documentation/co...
AntoGH Bonjour peut-on backtester cela ? Et si vous l'avez fait pourriez vous nous donner le code.....
Nicolas désolé c'est un oubli de ma part, tu peux supprimer cette ligne, elle n'est plus utile dans ...
DELBERT Bonjour , Nicolas , merci pour ta réponse , je suis en effet avec PRT 10.3 , et j'ai bidouil...
RakeshPoluri I have a question about the bands on the candles. Is it bollinger bands or something else?
Nicolas I think that's 2 Bollinger Bands
supertiti https://zupimages.net/viewer.php?id=20/50/2e3v.jpg
volanirina Bonjour Je souhaite l'avoir sur l'indicateur MT4 si possible s'il vous plait. car je l'ai fa...
Nicolas ProRealCode est un site dédié à l'utilisation de la plateforme de trading ProRealTime: https...
Nicolas Merci d'ouvrir un sujet dans le forum des screeners en respectant les règles de publication ...
Pensera Bravo Nicolas ! Tu es en quelque sorte l’inventeur de Metascore…(oups je viens de lire jusqu...
Nicolas Dans un but d'investissement pure, et non spéculatif.
Nicolas Please open a topic in ProScreener forum with your query, I'll reply you there. Thank you.
manafull Thanks Nicolas, I post my question, along with the codes I am trying to convert from your in...
Nicolas I replied to your post here: https://www.prorealcode.com/topic/screener-for-rsi-and-linear-r...
superfalcio Hello, on the 2h timeframe I got a better performance in terms of win% and profit factor. I ...
Jiankyr82 Juan thanks for sharing, I had played with it few days, as also try to catch up on my pro-re...
Lespa212 Hi Samsampop, are you using this strategy? did you add a SL and an exit in case of a trend ...