Easy Tech TutsHow to Use Ratio Indicator in TradingView Easily 2026
By Impran M N
Comparing two assets side by side can reveal relative strength that a single chart won't show on its own. This guide explains how TradingView's ratio comparison works, how to add a second symbol to create a ratio chart, and how to read the results for stocks, crypto, or forex. It's aimed at traders and investors who want a clearer view of which asset is outperforming another.
01Understand what the Ratio indicator means
A ratio chart divides the price of one asset by another, showing how their relative performance changes over time rather than absolute price.
02Compare two symbols using ratio
Choose the two assets you want to compare and set up the ratio calculation between them on your chart.
03Add a second symbol to create the ratio chart
Use TradingView's symbol comparison feature to layer a second symbol against your base chart, forming the ratio view.
04Read relative strength properly
A rising ratio line means the first asset is outperforming the second, while a falling line means it's underperforming.
05Apply ratio analysis to stocks, crypto, and forex
Use this same method across different asset classes to spot which instrument is showing relative strength or weakness.
Frequently asked questions
What does a ratio chart actually show?
It shows the relative performance of one asset compared to another by dividing their prices, rather than showing either asset's price alone.
Can I use the ratio indicator across different asset classes?
Yes, you can compare stocks, crypto, forex, or indices against each other as long as both symbols are available on TradingView.
Why would traders use relative strength analysis?
It helps identify which asset is performing better relative to another, which can inform decisions like sector rotation or pair trading.
Does a rising ratio line always mean the first asset is going up?
Not necessarily; it means the first asset is outperforming the second, even if both assets are moving in the same overall direction.
Watch the full walkthrough
The same steps, demonstrated on screen from start to finish.
