Sep 6, 2024
Period: 50 MA Period: 20 When you select the Relative Strength Alpha indicator, two lines are displayed on the chart. 1 – Green line represe
Relative Strength – Alpha Indicator: Enhancing Trend and Momentum Analysis
The Relative Strength – Alpha Indicator (RSAI) measures an asset's performance against a benchmark, adjusting for market volatility. By comparing the asset’s returns to its historical volatility, RSAI provides a refined view of relative strength and potential alpha generation.