OPEN-SOURCE SCRIPT
Recovery + RS Table
Recovery + RS Table
🔥 What You Can Do With This
Change index anytime (NIFTY / BANKNIFTY / MIDCAP / any global index)
Instantly spot leaders vs laggards
Strength Score:
> 1 → Outperforming
< 1 → Underperforming
⚠️ Important Notes (very important)
March low is calculated only for current year
If you load chart before March → values may show NA
ATH uses large lookback (10000 bars) → works fine for most stocks
🔥 What You Can Do With This
Change index anytime (NIFTY / BANKNIFTY / MIDCAP / any global index)
Instantly spot leaders vs laggards
Strength Score:
> 1 → Outperforming
< 1 → Underperforming
⚠️ Important Notes (very important)
March low is calculated only for current year
If you load chart before March → values may show NA
ATH uses large lookback (10000 bars) → works fine for most stocks
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.