RSI of Ratio
What it does:
Calculates RSI on the ratio of current symbol vs a user-selected compare symbol
(default: NSE:NIFTY). This shows whether the stock is strong or weak relative
to the index.
How to use:
- RSI above 60 → stock outperforming the index (gray dark fill)
- RSI 50–60 → mildly outperforming
- RSI 40–50 → mildly underperforming
- RSI below 40 → stock underperforming the index (gray dark fill)
Settings:
- RSI Length: default 30
- Compare Symbol: any TradingView symbol (Nifty, BTC, SPX, Gold etc)
- All levels adjustable: 70/60/50/40/30
Calculates RSI on the ratio of current symbol vs a user-selected compare symbol
(default: NSE:NIFTY). This shows whether the stock is strong or weak relative
to the index.
How to use:
- RSI above 60 → stock outperforming the index (gray dark fill)
- RSI 50–60 → mildly outperforming
- RSI 40–50 → mildly underperforming
- RSI below 40 → stock underperforming the index (gray dark fill)
Settings:
- RSI Length: default 30
- Compare Symbol: any TradingView symbol (Nifty, BTC, SPX, Gold etc)
- All levels adjustable: 70/60/50/40/30
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.
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.