[KY]New High New Low Ratio(1) What is New High/New Low ratio?
New High/New Low ratio is a ratio based on new 52-week high issues and new 52-week low issues.
This indicator is best for identifying a bottom if you use this with other breadth indicators.
However, this is not so useful to know the timing for short because bull momentum tends to continue.
(Market top period is long, market bottom period is short.)
Reference: Stochcharts.com
school.stockcharts.com
(2) How to use?
- Add this indicator to your chart.
- Overbought >85 tends to continue, so don't short too early. You rather want to hold long until bull momentum deteriorates.
Dark green = bullish momentum zone.
- Oversold < 30 and if rolls over at the bottom, you can pile up long position.
Advance/Decline Ratio
[RD] Easy Fibonacci Channels==================================================================
October 21 2019 - Easy Fibonacci Channels - by RootDuk
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Easy adaptable fibonacci channels. By changing the levels you can adapt
the lines as needed. There's also global params to use for horizontal and
vertical scaling.
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Notes
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None so far
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Updates
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Non so far
ADVN-DECLAdvancing - Declining issues indicator which you can use for Bitcoin trading if you, like me, believe that cryptocurrency is highly correlated with the activity on the stock exchanges (yes, the PROs are here, we just didn't know it yet)
This indicator is based on showing the data, as much as possible, as it is, and not messing it up by calculating stuff. Calculation should be used to better understand what the data represents, and not to show beatiful things which are, in fact, not present.
You could, for example, take ADVN and DECL, calculate rma() moving averages and make a RSI out of it. The result is very interesting when applied on the daily time frame, but not as useful for trading.
By the way, I recommend enabling this option:
Right click - Settings - Timezones / Sessions
Please check "Extended hours (Intraday Only)"
I could do it in code with the ticker() function, but I'm under the impression that then, free TV users would not be able to use the indicator.
UVOL / DVOL RatioPlots the NYSE, NASDAQ, AMEX UP Volume and DOWN Volume ratios as a histogram - and adds the index UVOL / DVOL ratios as a line graph.
DVOL is represented as negative - UVOL as positive. When either is above 2 its a good predictor of the day's outcome. At least - it tells you if the bulls or bears are winning the day.
Really simple to use / edit to your needs
Enjoy
Symbol Difference-Buschi
English:
It's a very simple script to calculate the difference of the closing values of two symbols (symbol 1 - symbol 2).
Default values are AAPL vs. MSFT .
Deutsch:
Das ist ein sehr einfaches Skript, das die Differenz zweier Werte darstellt (Symbol 1 - Symbol 2).
Standardwerte sind AAPL vs. MSFT.
Symbol Ratio-BuschiIt's a very simple script to calculate the ratio of the closing values of two symbols (symbol 1 / symbol 2).
Default values are AAPL vs. MSFT.
Crypto TICK with volume and smoothnessThis is more or less the TICK index calculated for the cryptos related to USDT pairs in binance. You can change the coins listed in the coins for the ones you want to use. I STRONGLY recommend you leave the default ones or use pairs against USD instead of BTC.
You can see volume ticks and price ticks together or separately and you can smooth both the base data and the indicator.
Advance Decline Ratio (Custom)Built-in indicator ADR shows only NYSE data. This script allows you select the exchange to use.
