OPEN-SOURCE SCRIPT
stock gain% vs index gain %
This shows the relative strength or weakness of a stock vs an index on any given candle price movement.
Negative stock candle and relative strength shows accumulation
Positive stock candle and relative weakness shows distribution
accumulation will plot an 'A'
distribution will plot a 'D'
Negative stock candle and relative strength shows accumulation
Positive stock candle and relative weakness shows distribution
accumulation will plot an 'A'
distribution will plot a 'D'
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Read my blog and detailed trading strategies at substack.com/@dmt62dmt
Watch my Youtube channel at youtube.com/@DMT62DMT
Follow me on twitter at x.com/DMT62DMT
Watch my Youtube channel at youtube.com/@DMT62DMT
Follow me on twitter at x.com/DMT62DMT
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Read my blog and detailed trading strategies at substack.com/@dmt62dmt
Watch my Youtube channel at youtube.com/@DMT62DMT
Follow me on twitter at x.com/DMT62DMT
Watch my Youtube channel at youtube.com/@DMT62DMT
Follow me on twitter at x.com/DMT62DMT
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.