Here’s a quick trick showing how to overlay the S&P 500 on the RS Line indicator in @TradingView. This can be helpful to see the divergence between the two and get a visual when a stock is outperforming the market.
Continue readingMonthJuly 2021
In this video tutorial you’ll learn how to create a fully functional RS Line indicator for TradingView in Pine Script.
RS Line features:
■ Choose the index (S&P 500 default)
■ Optional line color based on direction
■ Adjust line width and vertical offset
■ New high indicator
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