OPEN-SOURCE SCRIPT
Updated [KY]Cumulative Advance Decline Line
(1) What is Cumulative A/D Line?
Cumulative A/D Line is a total of advancing issues - declining issues of all time.
This can be used to know long-term trend.(weeks, months long)
(2) How to use this?
- Add this script to your chart.
- Select the market from "Nasdaq", "NYSE", "Nasdaq+NYSE"
- You could change the moving average.
Cumulative A/D Line is a total of advancing issues - declining issues of all time.
This can be used to know long-term trend.(weeks, months long)
(2) How to use this?
- Add this script to your chart.
- Select the market from "Nasdaq", "NYSE", "Nasdaq+NYSE"
- You could change the moving average.
Release Notes
Deleted "shift" parameter.Release Notes
Added SMA option.- choose your favorite moving average type "SMA" or "EMA"
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.