Put Call Relative Strength

Put–Call Relative Strength (PE/CE RS)

Description

Put–Call Relative Strength compares the premium movement of a Put Option (PE) against a Call Option (CE) to detect bearish pressure in the market.

It uses the ratio:
RS = PE / CE – 1

If Puts gain strength faster than Calls, RS turns positive — indicating bearish dominance.
A moving average line helps you understand trend strength and filter noise.

This is an ideal tool for traders wanting a clear, fast view of downside momentum and Put-led trend shifts.

How to Use

1️⃣ Select PE and CE Symbols
In settings → manually enter:
Put Option (PE)
Call Option (CE)
Same strike + same expiry recommended.

2️⃣ Interpret RS
RS > 0 (Green) → Puts stronger → Bearish bias
RS < 0 (Red) → Calls stronger → Bullish bias

3️⃣ Use RS MA to Confirm Trend
RS MA rising (Green) → Bearish strength increasing
RS MA falling (Red) → Bearish strength weakening
RS MA sideways (Gray) → Indecision / range

4️⃣ Best Use Cases
Intraday short setups
PE scalping
Confirmation for breakdowns
Identifying Put-led strength surges
Best for 1m–10m timeframes