How to use the relative strength indicator and add it to TradingView

The relative strength indicator or RS line is a helpful tool to assess the strength of a stock. It compares the stock performance to an index like the S&P 500. With that you can find outperforming stocks and make sure that the stock is stronger than the index.

In this video you learn …
– How to add the relative strength indicator to TradingView
– Interpret the relative strength line
– Use the same indicator as visible in IBD charts (Investor Business Daily) in your TradingView charts

➡️ If you have questions, write a comment!

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Видео How to use the relative strength indicator and add it to TradingView канала Julian Komar 🚨 MARKET UPDATE Premium