Relative Strength Line Indicator

• 08/14/2021 at 9:53 AM #175292
  BeeRad

  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

  

  BeeRad

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  08/15/2021 at 7:54 AM #175377
  robertogozzi

  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.

   

  1 user thanked author for this post.

  BeeRad

  

  robertogozzi

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  08/16/2021 at 12:53 AM #175417
  BeeRad

  all good, thanks!

  

  BeeRad

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