PROTECTED SOURCE SCRIPT
Zaktualizowano Spread Chart
This study does a division ("/") between the ticker to benchmark symbol works for all the time frames.
Often referred to as spread charts or ratio charts this is often used to measure the strength and performance of a script v/s a benchmark index. In this study, the comparison is plotted from a fixed reference session. On the current bar, the percentage change of the current ratio to the reference ratio is displayed as a label down icon, rounded to nearest 2 digit float value.
There are options to plot either a candle plot or line plot. Line chart can be plot as 2 different color before reference date and after reference date. The reference date can also be changed from the input dialog.
In the example above, 03-Jul-2020 is chosen as the reference date. At the latest bar, the "47.73%" displays the percentage difference between ratio on 03-July-2020 and current date, 27-Nov-2020. This means Deepak Nitrate performed 47.73% better than the benchmark NIFTY50 since 03-Jul-2020.
Basically, It gives an study that shows the strength or weakness of a ticker in comparison to benchmark symbol.
Often referred to as spread charts or ratio charts this is often used to measure the strength and performance of a script v/s a benchmark index. In this study, the comparison is plotted from a fixed reference session. On the current bar, the percentage change of the current ratio to the reference ratio is displayed as a label down icon, rounded to nearest 2 digit float value.
There are options to plot either a candle plot or line plot. Line chart can be plot as 2 different color before reference date and after reference date. The reference date can also be changed from the input dialog.
In the example above, 03-Jul-2020 is chosen as the reference date. At the latest bar, the "47.73%" displays the percentage difference between ratio on 03-July-2020 and current date, 27-Nov-2020. This means Deepak Nitrate performed 47.73% better than the benchmark NIFTY50 since 03-Jul-2020.
Basically, It gives an study that shows the strength or weakness of a ticker in comparison to benchmark symbol.
Informacje o Wersji
Change Input date value to 3rd July 2020 by default & minor color improvements.Informacje o Wersji
Change label position to the right for better visualizationInformacje o Wersji
Changed ARS Date Value to 24th Sept 2020 by Default. Informacje o Wersji
Added Simple Moving Average for a better decision of underperformance and outperformance.Informacje o Wersji
- Added 2 EMA selection by default of 21 & 55. - Color Enhancement
Informacje o Wersji
Updated by Default date to 24th Sept 2020Informacje o Wersji
Default Date changed to 22/12/2020Informacje o Wersji
Changed the input date format & added Lable Show/Hide checkbox.Informacje o Wersji
Minor bug fixes...Informacje o Wersji
Pine v5Informacje o Wersji
Date UpdatedInformacje o Wersji
Updated Moving Average SelectionInformacje o Wersji
Bug Fixes
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