Relative Strength

**Relative Strength (Auto Timeframe) – Clean Institutional Style**

This indicator measures the **Relative Strength (RS)** of a stock against the benchmark index (default: NIFTY). It helps traders quickly identify whether a stock is **outperforming or underperforming** the broader market.

### 🔥 Key Features

* **Auto Timeframe RS Period**

* Monthly Chart → 9 Period
* Weekly Chart → 21 Period
* Daily Chart → 55 Period
* Intraday Charts → 55 Period
* No manual input required

* **Clean & Minimal Design**

* Only core Relative Strength line
* Optional Zero Line for performance reference
* Optional Color Change based on RS direction

* **Instant Visual Strength Detection**

* Green → Stock outperforming Index
* Red → Stock underperforming Index

### 📊 How To Use

* RS Above Zero → Stock is stronger than Index (Leader)
* RS Below Zero → Stock is weaker than Index
* Rising RS → Increasing relative demand (Potential future leader)

### 🎯 Best Use Cases

* Swing Trading
* Positional Trading
* Sector Rotation Tracking
* Leader Stock Identification

### 💡 Trading Insight

Institutional traders often track relative strength before price breakouts. Stocks showing sustained RS strength often become market leaders.

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**Note:** This is a relative performance tool and should be used along with price action, volume, and risk management for best results.