Relative Strength Screener
Use this playbook to find stocks outperforming the market or their peer set so you can focus on where leadership already exists.
Overview
How to use Relative Strength Screener
Start by finding the leaders
Use the screener to isolate the names that are already outperforming rather than hoping weak stocks suddenly become leaders.
Check whether the strength is fresh or established
Fresh RS improvement can give earlier setups, while established RS leadership can suit continuation trades.
Use chart review to time the entry
Relative strength is selection logic; chart structure is still your timing logic.
Cross-check sector breadth
When several stocks from the same sector score well, the group may be where the market is concentrating capital.
Starter parameter guide
These are the main inputs you can tune on the page and the range to begin with when you want a clean first pass.
| Parameter | What it does | Good range to start |
|---|---|---|
| Market | Choose the exchange universe you want to scan first. | Run India and US separately. |
| Benchmark | Sets the comparison index used for strength-based ranking. | Use the market default first, then test one stronger benchmark. |
| RS Period | Controls how many sessions are used to compare stock performance versus the benchmark. | Start around 55 to 90 days. |
| Number of Stocks | Controls how many names are scanned from the selected market. | Start with 50 to 150 names. |
Common mistakes to avoid
Best way to use this playbook
Use the page to narrow the market quickly, then promote only the strongest chart-plus-context setups into your active watchlist or research queue.