Comparative Relative Strength

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  • #169065 quote
    tachartstacharts
    Participant
    New

    With this indicator, there is an option to “reference zero” that can be checked. What  exactly does the 0 line represent?

    In the Mansfield relative strength indicator, the zero line represents a moving average, thus moving above and below

    tells us if the relative strength line is above/below its moving avg.  With the comparative relative strength, cant tell

    what the zero line represents (is it the underlying stock, index, etc being compared to?)

    zeroline.png zeroline.png
    #169200 quote
    NicolasNicolas
    Keymaster
    Legend

    I’m checking this and will let you know once I have an answer about that “reference 0”.

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Comparative Relative Strength


Platform Support: Charts, Data & Broker Setup

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This topic contains 1 reply,
has 2 voices, and was last updated by NicolasNicolas
5 years, 4 months ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 05/07/2021
Status: Active
Attachments: 1 files
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