- Red :: Benchmark returns is -ve and the RS_Value is below 0.
- Yellow:: Benchmark returns is +ve and RS_Value is below 0.
- Green :: Becnhmark returns is +ve and RS_Value is above 0.
- Blue :: Benchmark returns is -ve and RS_Value is above 0.
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.