Leaders and Laggers

Leaders & Laggers:

Trade the right symbol—not just the right direction.

The Leaders & Laggers indicator compares the relative strength of up to 16 instruments based on their cumulative percentage change from a shared starting point. All instruments are normalized so you can view them together on a single panel—making it easy to see who’s leading, who’s lagging, and where the real momentum is.

Whether you’re trading correlated assets, sector plays, or cross-asset strategies, this tool gives you a clean, instant view of what’s moving—and what’s not.

WHY TRADERS LOVE IT:

• Instantly see which markets are strongest or weakest
• Perfect for selecting the best instrument for your trade idea
• Helps time entries in correlated groups (indexes, currencies, sectors)
• Simple interface with powerful insights

CORE FEATURES:

• Compare up to 16 instruments side-by-side
• Cumulative percentage change from a common starting point
• Normalized display for easy visual comparison
• Works with any asset class or timeframe
• Customizable start time and chart resolution
• Adjustable line colors and thickness
• On-chart Leader/Lagger info box for fast reference

SOLVES THESE COMMON MISTAKES:

• Trading the weakest asset when you should be long the strongest
• Ignoring relative strength in correlated instruments
• Confusion when trades lack follow-through
• Second-guessing trade selection in fast-moving conditions