This indicator is used to compare the relative strength of the trade on the chart against the other two selected symbols.
By comparing the price movement of each traded variety based on the same base day, three trend lines of different directions can be seen, reflecting the strong and weak relationship between the three different traded varieties, so that we can have a clearer understanding of the market trend.
For example, you can apply this indicator on a EurUSD chart and compare it with currency pairs EurJPY and EurGBP to see which is stronger.
You need to enter parameters for the indicator:
You can enter the names of two trading varieties
You need to select a base date for comparison.
Please note that you should ensure that the historical data of the relevant trading varieties has been downloaded before using the indicator.
This product is free demo version, can only run on demo account.
The official version is:
The official version is: