Comparative RS Breakout

This scanner detects stocks with a declining Relative Strength compared to the Nifty 50, which has now experienced a breakout in the current candle. You can refer to the following links to know more: Video: https://youtu.be/kDIxVIw_RF4 Blog: https://tinyurl.com/relative-strength

Conditions

Period max(20, High(-11) ) lower than Period max(20, High(-31) ) and Period max(20, High(-31) ) lower than Period max(20, High(-51) ) and Close(0) higher than Period max(15, High(-1) ) and Period max(20, Close(-11) / Symbol(INDICES_NIFTY 50, Close(-11) ) ) lower than Period max(20, Close(-31) / Symbol(INDICES_NIFTY 50, Close(-31) ) ) and Period max(20, Close(-31) / Symbol(INDICES_NIFTY 50, Close(-31) ) ) lower than Period max(20, Close(-51) / Symbol(INDICES_NIFTY 50, Close(-51) ) ) and Close(0) / Symbol(INDICES_NIFTY 50, Close(0) ) higher than Period max(15, Close(-1) / Symbol(INDICES_NIFTY 50, Close(-1) ) )

stocks