[RSM] Relative Strength Momentum 10 sources v1.1 — Indicator by a.tesla2018

trendanalysis relativestrength relativemomentum relativecomparison trendfollowing trendfollower

This indicator was designed to compare relative price momentum across multiple related/unrelated symbols, maximum of 10.
Each symbol's momentum/trend is determined by price movement and custom weighted moving averages.

You can use this indicator to determine changing trends by looking at correlated leading symbols.

Description of Input Parameters:
Dark theme: Turn on this checkbox if you are using the dark theme in Tradingview.
MA Type: Default is preferred, but allows you to choose different Moving Averages to determine momentum.
MA Period: Ideal period is 200 for a Chart TF of 15 minutes to 1 Hour for most symbols I've tested. (US/Euro Indexes CFD and Futures )

Symbol 1-10: Enter a valid Symbol in Tradingview otherwise indicator will return an error.
Color Symbol 1-10: Pick a unique color for each corresponding Symbol.
Display Symbol 1-10: Checkbox to turn on/off corresponding symbol's plot.

Access to Script:
Please contact me privately on Tradingview, user id: a.tesla2018
Alternatively, use the links below for method of payment/access to this indicator. Please do not forget to mention your TV name in notes.

B.S. Electrical Engineering and Computer Science with 10+ years experience in C, C++, HDL and lately, Pine for hire

Paypal: www.paypal.me/atesla2018
CashApp: cash.app/$atesla2018
Telegram: @airee_f

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact a.tesla2018 for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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