PROTECTED SOURCE SCRIPT

Index Volume

Mis à jour
This indicator displays the volume for the Nasdaq Composite and S&P500 indexes just like any other stock. Also displays any normal stock volume as well. Customizations include choice of colors and moving average length.
Notes de version
New option to automatically plot a diamond on follow through and distribution days. Also have the ability to show distribution clusters. (4 distribution days in a rolling 8 day window)
Notes de version
Cleaned up the status line display to only show Volume and Volume Average
Notes de version
Added ability for volatility adjusted follow through days, as defined in IBD's Market School.

  • Volatility defined as the average percentage gain of the up days over the prior 200 days.
    
  • Volatility less than or equal to 0.4%, follow-through must close up 0.7% or higher.
  • Volatility greater than or equal to 0.4% and less than 0.55%, follow-through must close up 0.85% or higher.
  • Volatility greater than or equal to 0.55% and less than 1.00%, follow-through must close up 1.00% or higher.
  • Volatility greater than or equal to 1.00%, follow-through must close up 1.245% or higher.

Notes de version
Updated volume source for the indexes, should update in real time now.
Notes de version
Update shows volume run rate on stocks.
ddaydistributiondaysdistrubutionfollowthroughdayibdindexvolumemarketschoolVolumewebby

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