OPEN-SOURCE SCRIPT
Relative Strength Screener All in One V2
This script is an update of the previous version of the screener and is using the original script of axg_ : https://www.tradingview.com/script/EJ1aJKOg-Relative-Strength-Screener-V2-Top-100-volume-leaders/
It provides a customizable watchlist / heatmap with relative strength and relative volume calculations for up to 38 tickers on multiple timeframes with a single indicator.
Up to 5 columns can be displayed, you can choose the content of each column and remove them if you don't need them.
A sorting system is also included, allowing you to sort the results by using the parameters of one of the displayed column.
Limitations :
If you try to use this indicator on a different timeframe than 5 min, you'll either get a memory related error or misleading results. So don't try to reduce the number of security request to use it on a higher timeframe
The low refreshment issue probably comes from the machine used by Trading View to compute the indicator, read more about this here : https://www.reddit.com/r/TradingView/comments/kehr56/how_to_measure_how_fastslow_our_script_is/
It provides a customizable watchlist / heatmap with relative strength and relative volume calculations for up to 38 tickers on multiple timeframes with a single indicator.
Up to 5 columns can be displayed, you can choose the content of each column and remove them if you don't need them.
A sorting system is also included, allowing you to sort the results by using the parameters of one of the displayed column.
Limitations :
- Must be used on a 5 min chart.
- The 1 min, weekly and monthly timeframe don't work.
- You may experience a low refreshment rate, if this happen restaring TV can sometime fix the problem.
If you try to use this indicator on a different timeframe than 5 min, you'll either get a memory related error or misleading results. So don't try to reduce the number of security request to use it on a higher timeframe
The low refreshment issue probably comes from the machine used by Trading View to compute the indicator, read more about this here : https://www.reddit.com/r/TradingView/comments/kehr56/how_to_measure_how_fastslow_our_script_is/
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 publications is governed by House rules. You can favorite it to use it on a chart.
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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.