PROTECTED SOURCE SCRIPT

Market Strength

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This indicator tracks ADD, TICK, VVOLD on the chart while sharing the same space. This allows you to watch these important indicators without the need to give up separate dedicated space for each of them.

ADD is the number of NYSE stocks advancing vs declining
TICK is the number NYSE stocks trading on an uptick vs downtick
VVOLD is the NYSE Volume Difference and is the difference between the up volume and down volume

Zero is considered to be the pivot. The more positive the values, the more bullish in nature, while the more negative the values, the more bearish in nature.

When these are at an extreme, they indicate a possible market trend while smaller directional changes may foreshadow a market move in that direction.

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Notes de version
VOLD label fixed
Breadth Indicatorsstrength

Script protégé

Ce script est publié en code source fermé et vous pouvez l'utiliser librement. Vous pouvez le préférer pour l'utiliser sur un graphique. Vous ne pouvez pas visualiser ou modifier son code source.

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