Near & Far Relative Strength

21 thg 7, 2020

Define a near time frame base and a far time frame base to compare the selected symbol RS. This helps in situations were you could keep the far RS length to a fixed value and the near RS length to a more recent "event" in the market and it's subsequent movement.
For example, if the market index has made a recovery from a deep crash 80 sessions ago, set the near RS length to 80 and keep the far RS length to a fixed value say, 123 corresponding to 6 months. This will help you gauge the historical vs the recovery strength of your interested symbol before and after the "event".

28 thg 7, 2020

Phát hành các Ghi chú

Added input source for comparison with other source values.

13 thg 9, 2020

Phát hành các Ghi chú

• Added reference label dates
  
• Increased line widths of plots
  
• Changed default values of near and far RS length
  

13 thg 9, 2020

Phát hành các Ghi chú

• Added toggle color option on crossovers
  
• Fixed bug on label display, even when plot option was disabled
  

Though there is option added to show color toggle, in a dual RS plot it can become very intimidating to get a clear view when both the RS whipsaw near the zero line. Therefore the option is turned off by default. When enabled, it is recommended to disable one of the plots to get the best effect.

13 thg 9, 2020

Phát hành các Ghi chú

• Plots sequence aligned with input sequence for better clarity in summary info.
  

27 thg 1, 2021

Phát hành các Ghi chú

• Possible to set alert
  

Using the new alert() function, it is now possible to set alarms on ARS and SRS plots whenever a configured threshold is crossed.

29 thg 1, 2021

Phát hành các Ghi chú

• Added more flexibility to configuring alerts
  

Alert Condition :
Crossing => Trigger only when there is a crossover or crossunder
"Greater or Less" => Trigger when the value is less or greater than the threshold
Alert on Candle:
Start => Trigger at the start of the candle formation
Close => Trigger at the end of the candle formation

10 thg 2, 2021

Phát hành các Ghi chú

• Changed default ARS length to reflect new ARS date
  

17 thg 5, 2021

Phát hành các Ghi chú

• Change default Far Date (96 as of today's date)
  
• Current CRS color to purple
  

6 thg 8, 2021

Phát hành các Ghi chú

• Updated for new ARS Date 16-Feb-2021
  

5 thg 10, 2021

Phát hành các Ghi chú

• Pine 5
  
• Update far length to most recent
  

31 thg 10, 2021

Phát hành các Ghi chú

• Default ARS length
  

New ARS Date: 18th May 2021

24 thg 12, 2021

Phát hành các Ghi chú

• Auto calculation of the ARS length
  

With the capability provided by Pinescript to "look ahead" at the last candle, it is now possible to calculate the ARS length on the ARS date. Therefore the need to increment the count by 1 day everyday is not required with this version.
With this feature, however, historical plots of ARS will not be available since the length of ARS will be known only after crossing the ARS date. In essence, ARS plot before the ARS date, doesn't mean anything anyways, since it is comparison of a future price-action on a past date.
Also, I have now renamed, "Near RS" to "Static RS" and "Far RS" to "Adaptive RS". So it is easier to read and mark them on the plots.

20 thg 1, 2022

Phát hành các Ghi chú

• New ARS - 3rd Aug 2021
  

8 thg 3, 2022

Phát hành các Ghi chú

• New ARS Date - 18th Oct 2021
  

27 thg 4, 2022

Phát hành các Ghi chú

• Added manual override of ARS date - It is possible to define the adaptive length manually
  

A manual override will help the use case in case you need to analyse historical plots.

21 thg 6, 2022

Phát hành các Ghi chú

• Change ARS Date to 7th March 2022
  

29 thg 11, 2022

Phát hành các Ghi chú

• New ARS Date - 03 June 2022
  

13 thg 5, 2023

Phát hành các Ghi chú

• New ARS Date - 13 Sep 2022
  

2 thg 7, 2023

Phát hành các Ghi chú

• New ARS Date: 01 Dec 2022
  

23 thg 11, 2023

Phát hành các Ghi chú

• New ARS Date: 16 Feb 2023
  

17 thg 2, 2024

Phát hành các Ghi chú

• New ARS Date: 20 Jul 2023
  

8 thg 2

Phát hành các Ghi chú

• Updated ARS Date to 10 May 2024
  
• Pine Script version bumped up to 6
  

12 thg 3

Phát hành các Ghi chú

• alertconditions for screene