LazyBear

High-Low Index [LazyBear]

-- Fixed ---
Source: http://pastebin.com/Z0uS17zD

Fixes an issue with "Combined" mode, using wrong symbols.

--- Original ---
The High-Low Index is a breadth indicator based on Record High Percent, which is based on new 52-week highs and new 52-week lows.

Readings below 50 indicate that there were more new lows than new highs. Readings above 50 indicate that there were more new highs than new lows. 0 indicates there were zero new highs (0% new highs). 100 indicates there was at least 1 new high and no new lows (100% new highs). 50 indicates that new highs and new lows were equal (50% new highs).

Readings consistently above 70 usually coincide with a strong uptrend. Readings consistently below 30 usually coincide with a strong downtrend.

More info:
http://stockcharts.com/school/doku.php?i...

List of my public indicators: http://bit.ly/1LQaPK8
List of my app-store indicators: http://blog.tradingview.com/?p=970

Just noticed @Greeny has already published this -> Linking it here.

List of my free indicators: http://bit.ly/1LQaPK8
List of my indicators at Appstore: http://blog.tradingview.com/?p=970
Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Vous voulez utiliser ce script sur un graphique ?
//
// @author LazyBear 
// 
// List of my public indicators: http://bit.ly/1LQaPK8 
// List of my app-store indicators: http://blog.tradingview.com/?p=970 
//
study(title="High-Low Index [LazyBear]", shorttitle="HLIDX_LB")
res=input("D", title="Timeframe")
t=input(defval=1, maxval=2, minval=1, title="MA Type (1=>SMA, 2=>EMA)")
lma=input(defval=10, minval=1, title="MA Length")
mkt = input (defval=1, minval=0, maxval=4, title="Market (0=>AMEX/NASD/NYSE Combined, 1=NYSE, 2=NASDAQ, 3=AMEX, 4=CUSTOM)")
aic=input(defval="MAHE", title="CUSTOM: New Highs Symbol", type=symbol)
dic=input(defval="MALE", title="CUSTOM: New Lows Symbol", type=symbol)
sh=input(false, title="Show only Record High %")
ma(s,l) => sh?s:(t==1?sma(s,l):ema(s,l))
hi="MAHN", lon="MALN" // NYSE
hiq="MAHQ", lonq="MALQ" // NASDAQ
hia="MAHA", lona="MALA" // AMEX
advc="(HIGN+HIGQ+HIGA)/3.0", loc="(LOWN+LOWQ+LOWA)/3.0"
adv=security(mkt==0? advc:mkt == 1? hi:mkt == 2? hiq:mkt == 3? hia:aic, res, close)
lo=security(mkt==0? loc:mkt == 1? lon:mkt == 2? lonq:mkt == 3? lona:dic, res, close)
hli=ma(adv/(adv+lo), lma) * 100
osd=plot(hli<50?hli:50, style=circles, linewidth=0, title="DummyOS")
obd=plot(hli>50?hli:50, style=circles, linewidth=0, title="DummyOB")
ml=plot(50, color=gray, title="MidLine")
fill(osd, ml, red, transp=60, title="OSFill"), fill(obd, ml, green, transp=60, title="OBFill")
plot(hli, color=maroon, linewidth=2, title="HiLoIndex")