Relative Strength Line Indicator

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  • #175292 quote
    BeeRad
    Participant
    New

    Hey guys, new here and hope you’re all doing well.

    I want to create a moving average on my chart or a separate indicator which is a relative strength line.

    essentially what this is, is a stocks price divided by an index, say the S&P500.

    How would I put this together?

    I would love to be able to then scan this indicator for stocks making new all time highs in relative strength line

    Any help would be appreciated!

    Cheers,

    Brad

    #175377 quote
    robertogozzi
    Moderator
    Master

    Indicators, as well as strategies, cannot operate on more than one instrument/asset at a time (unlike screeners), so it’s not possible to make what you want.

    BeeRad thanked this post
    #175417 quote
    BeeRad
    Participant
    New

    all good, thanks!

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Relative Strength Line Indicator


ProBuilder: Indicators & Custom Tools

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BeeRad @beerad Participant
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This topic contains 2 replies,
has 2 voices, and was last updated by BeeRad
4 years, 6 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 08/14/2021
Status: Active
Attachments: No files
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