CRS by TQ

21. Juli

CRS by TradeQUO
Comparative Relative Strength Indicator

What it does

• Computes the percentage difference in performance between your current chart symbol (e.g. GC1!) and a chosen benchmark (e.g. ES1!, DXY, NQ1!).
  
• Smooths that “CRS” line with a configurable moving average (SMA, EMA, WMA) — default length is 63 bars.
  

Key Plots

• CRS (%) (aqua) — how your symbol has held up relative to the benchmark since the chart loaded.
  
• CRS MA (%) (fuchsia) — smoothed trend of that relative strength.
  

How to Interpret

Trend-Following

• Long when CRS crosses above its MA and is above 0 → your symbol is outperforming.
  
• Short (or reverse) when CRS crosses below its MA and is below 0 → underperformance.
  

Regime Filter

• CRS > 0 → Risk-On environment for your symbol vs. benchmark.
  
• CRS < 0 → Risk-Off relative to the benchmark.
  

Divergence Signals

• Bearish Divergence: Price makes a higher high, but CRS makes a lower high → potential sell-off incoming.
  
• Bullish Divergence: Price makes a lower low, but CRS makes a higher low → look for rebound opportunity.
  

Pairs Trading

• Outperformance: Long your symbol + Short benchmark when CRS > MA.
  
• Underperformance: Short your symbol + Long benchmark when CRS < MA.
  

Why it matters

• Reveals relative market leadership early, not just absolute price moves.
  
• Helps you allocate risk dynamically, spot rotations and catch reversals before they show in price alone.
  

4. Okt.

Versionshinweise

🧭 Update: CRS by TQ — Pro (v1.3)
A major refinement of the Comparative Relative Strength framework — improved visual logic, smoother workflow, and cleaner structure.

Changelog:

• Added: MA1 is now visible in all modes (including US/EU/Asia sessions).
  
• Refined: Auto-derived MA2 remains exclusive to “Chart Start” mode for proper normalization.
  
• Improved: Fill and color balance for clearer bias recognition.
  
• Updated: Input structure reorganized for better usability and logical grouping.
  
• Fixed: Alert definitions moved to global scope (compile-safe).
  
• Optimized: Benchmark label redesigned — now shows session awareness and active mode context.
  

Notes:

• “Chart Start” mode anchors CRS from the first visible bar — ideal for intraday or multi-session studies.
  
• Session modes (US, EU, Asia) reset CRS daily at market open — perfect for rotation and relative strength tracking.
  
• MA2 length is auto-calculated from internal AutoDay logic (days × session-minutes ÷ timeframe-minutes).
  

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