OPEN-SOURCE SCRIPT

Breadth - Advance Decline Thrust

4 122
Breadth indicator. Takes NYSE/NQ/US up volume and divides it by the total volume to get an advance decline thrust ratio which can be used as a measure of market breadth.

Also has the option to look at the cumulative breadth over the trailing x days.

Also has the option to display as cumulative net up volume which will show lower values than advance decline thrust on days where there were large buy/sell imbalances, but the total day's volume was low.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.