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Relative Strength Meter

Relative Strength Meter

Regular price
$29.95
Sale price
$29.95

The relative strength meter (RSM) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSM is displayed as an color coded meter.

GREEN: Bullish Uptrend

RED: Bearish Downtrend

YELLOW: Disbursement 

Highlights:

  • Add to any chart or time frame
  • Prints on the current bar in real time
  • DOES NOT repaint several bars after the fact
  • Freedom to Tune
  • User can change colors