registry / @BackQuant / rso-backquant
RSO [BackQuant]
by BackQuant
Relative Strength Overlay is a trend and momentum indicator designed to turn RSI strength into a clear on-chart market regime. Instead of using traditional overbought and oversold levels alone, RSO scores RSI across a configurable range to determine whether momentum is favouring bullish or bearish conditions, helping traders identify sustained directional strength and meaningful shifts in momentum. The resulting Long or Short regime is displayed through a responsive Hull Moving Average overlay that changes colour with the active trend state. Optional trend-shift markers highlight new regime changes, while the built-in table shows the current RSO direction, raw score and momentum strength at a glance. The result is a clean way to combine relative strength, trend direction and momentum confirmation directly on the price chart.
1.3.0 · published 2026-08-27 · 3 versions · 0 purchases
Versions
| Version | Published | |
|---|---|---|
1.3.0 | 2026-08-27 | |
1.2.0 | 2026-08-27 | |
1.1.0 | 2026-08-04 |