▪️ Mansfield Relative Strength (Original Version)

I've added the original oscillator version of the Mansfield RS indicator to #Tradingview for use with Stan Weinstein's Stage Analysis method.

Enjoy!

#indicator #StanWeinstein #stocks #trading #investing

I've given it a few options, but initially it loads as the coloured background version, but you can edit those or turn them off in the settings to just use the plain version, and the Zero Line color and the index/stock symbol it references are editable too.
An alternative use case is to apply the Mansfield RS to the price section and then turn off the Mansfield RS & the zero line tick boxes, & just have the background colors. Which can be whatever you like. So you could even turn off the positive to just show the negative RS periods
1% Black works pretty well if you want something really subtle, and for example were using multi-charts (see attached). As you could drop the Mansfield RS from below the chart, to have just full price action in view, with very light tint on the negative periods only.
The issue with adding it as an overlay is that it add a price scale to the left, and it seems you can only remove it by changing the code to overlay=true & adding the scale.none option. So I'll see if that's possible as a setting. But if not would need yet another version of it.

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I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x


The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x

Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x

The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x

It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x