jchang274

Multi-Sub by jchang274

How it begin?
Traders and investors use market breadth in order to assess the index’s overall health. Market breadth can be a reliable, if not an accurate, indicator of an upcoming price rise in the index. Similarly, it can also provide early warning signs for a future price decline.

What is it?
Market breadth indicators analyze the number of stocks advancing relative to those that are declining in a given index or on a stock exchange.
Market breadth refers to how many stocks are participating in a given move in an index or on a stock exchange. An index may be rising yet more than half the stocks in the index are falling because a small number of stocks have such large gains that they drag the whole index higher.

How it works?
Market breadth studies attempt to uncover strength or weakness in the movements of an index that are not visible simply by looking at a chart of the index.
Release Notes: The action of deducting price.

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Comments

This publication is now featured in our Editors' Picks. In the name of all TradingView traders, thank you for your valuable contribution to the TradingView community, and congrats!
+2 Reply
nice
+2 Reply
jchang274 sharkwu1
@sharkwu1, So fast, Bro!
Reply
你做的吗?我复制了哈哈
+1 Reply
请问这个multi-sub只有SPXMB吗?还是我什么地方设置错了,导致其它的指标没显示出来?
Reply
jchang274 zhuotrade
@zhuotrade, 一次肯定显示一个啊
Reply
zhuotrade jchang274
@jchang274, 找到了找到了,哈哈,多谢!!
+1 Reply
Great script. I am experimenting with the Bias option.
Reply
amazing!
Reply
What does the options SPXMB and SPXMBL do?
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