STAN WEINSTEIN RS INDEX WITH NIFTY — Indicator by scorpiomanoj

trendanalysis breadthstudies strength relative relativestrength

This is an indicator for Indian markets.
It shows the relative strength of particular stock to the underlying index.
The concept of this indicator is well described in Stan Weinstein's book.

Release Notes:

A more smoother format

Trading is my passion.

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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