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Relative Strength vs Silver

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This indicator compares the active chart against Silver over a selected lookback period

It calculates the percentage return of the active asset and subtracts the percentage return of Silver over the same period

Above zero means the active asset is outperforming Silver
Below zero means the active asset is underperforming Silver

The table automatically shows the active chart ticker versus Silver and displays the relative performance percentage in green or red

By default, the benchmark is TVC:SILVER

If you use another Silver feed, such as OANDA:XAGUSD, you may see small differences due to exchange and price feed variations

For the cleanest comparison, set the Silver benchmark input to match the Silver symbol you use on your chart

This is not a buy or sell signal, only a relative strength tool

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