I've made a relative strength & weakness indicator for Tradingview, which is made for tech/growth stocks. It tracks QQQ moving averages and also moving averages of the stock being viewed. It works on simple principles:
**Relative Strength**
\-When QQQ crosses below a moving average while the stock stays above it
\-When the stock crosses above a moving average while QQQ stays below it
**Relative Weakness**
\-When QQQ crosses above a moving average while the stock stays below it
\-When the stock crosses below a moving average while QQQ stays above it
It is an easy way to look at a stock to see how it is doing compared to Nasdaq 100. It could be useful for swing trading and it also works for lower timeframes. You can use it for free [here](https://www.tradingview.com/v/C4lgfhXj/). I also made a [Youtube video](https://www.youtube.com/watch?v=KPZX-KY8mdc) to show it.
