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andr3w321

Breadth - Advance Decline Thrust

andr3w321  
Breadth Indicators breadthratio
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breadthstudies breadthratio
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.
Open-source script

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