Similar to the USI:TICK and USI:ADD, the USI:VOLD index shows the volume of the advancing stocks versus the volume of the declining stocks. Ideally, we want to see the ratio of VOLD being higher than usual. A way to see this ratio will be forthcoming. Stay tuned!
Notes de version:
- Added ratio of volume between advancing versus declining stocks in upper right side of table.
- You can now plot the aforementioned ratio as a histogram by selecting "ratio" under the "Candle Style".
- Added checkbox to enable/disable threshold lines in a single click It is "off" by default.
- Other minor bug fixes.
Notes de version:
Simplified the indicator to provide exactly what you're looking for in this indicator:
Added tooltips to the indicator settings and simplified the options.
- the raw VOLD data
- the VOLD ratio
Added tooltips to the indicator settings and simplified the options.
Notes de version:
Here's an attempt at creating a VOLD ratio for the DAX 40 index. Because of TradingView's limit of no more than 40 securities requests per script, and given that the script is already making 6 other requests, I had to exclude 6 securities from the DAX VOLD ratio, listed below. Their weight on the index is 0.7 or lower. All the other securities were gathered from the list in Wikipedia (en.wikipedia.org/wiki/DAX).
- CON.DE 0.6
- 1COV.DE 0.6
- PAH3.DE 0.6
- HEI.DE 0.7
- ENR.DE 0.7
- ZAL.DE 0.7