OPEN-SOURCE SCRIPT

Fixed Reference Ratio Charts (RSWarriors(R))

Updated
A Ratio Chart, for analysis with any benchmark. This is the open source version of the earlier, Fixed Ref. Ratio indicator. This is the version that will be maintained in the future.

Plots a ratio of the symbol to benchmark. Plots, all time high ratios (orange bubbles), Increasing ratios (blue bubbles).

Detailed write up will be added in subsequent updates.
Release Notes
  • New ARS Date - 16 - Feb - 2021
Release Notes
Fixed a bug/error. Now resumed possibility to change colors of plots from style section. Refer code for smaBubble. No other change.
Release Notes
  • Pine 5
Release Notes
  • Changed ARS date

New adaptive date: 18th May 2021
Release Notes
  • New ARS - 3rd Aug 2021
Release Notes
  • New ARS Date - 18th Oct 2021
Release Notes
  • Change ARS Date to 7th March 2022
  • Text box now has benchmark and symbol change explicitly displayed in %
Release Notes
  • New ARS Date - 03 June 2022
Release Notes
  • Changed ARS date to 13-Sep-2022
Release Notes

  • New ARS Date: 01 Dec 2022
Release Notes

  • New ARS Date: 16 Feb 2023
Release Notes

  • New ARS Date: 20 Jul 2023
Relative Strength Comparison

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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