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OPEN-SOURCE SCRIPT

Relative Strength Improved (Premal Parekh ASR Version)

By ashxos
Updated
This script is improved over the existing script developed by Mr. modhelius

I have added ASR Concept of Mr. Premal Parekh.
This script will remove manual calculation of Trading Days from ASR Date.
Release Notes
Corrected the days calculation for the ASR Date according to Trading Sessions
Release Notes
Corrected the Shortform of ARS
Release Notes
Corrected the script.
Release Notes
Updated colors for better visibility
Release Notes
Added SRS in the same Indicator.
Release Notes
Updated ARS Date to 3rd August 2021
Release Notes
Updated script with New ARS Date (1st Dec 2022) published by Premal Parekh Sir.
Release Notes
New ARS date.
16th Feb 2023

Sorry for late update.
Release Notes
Added feature to update SRS Period
adaptivepremalparekhrelativeRelative Strength ComparisonRelative Strength Index (RSI)strength

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 publication is governed by House rules. You can favorite it to use it on a chart.

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ashxos

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