study(" RELATIVE STRENGTH", shorttitle="RS")
a = tickerid
b = input("NIFTY",type=symbol)
as = security(a,period,close)
bs = security(b,period,close)
plot(as/bs, title="RS" ,color=blue)
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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