OPEN-SOURCE SCRIPT
Cumulative Advance-Decline Line
Line that shows the cumulative sum of stocks advancing less declining for either the NYSE or Nasdaq. Includes 10/20/50 day averages and shading when the line is above or below the 20 ema.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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