Q Average Cost

Calculated the average cost of the shares in the market. If close > indicator, means the market average share cost is below the close, this is a bullish sign. Otherwise, the market average share cost is above the close, which is a bearish sign.

Currently not feasible for index ETF (eg. SPY) or leveraged ETF (eg. TQQQ).

Will update code in later versions.

Release Notes

Fixed a bug. Also add an Offset which allows users to adjust the average price due to TV's finance data error sometimes.

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liqihang007

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Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

liqihang007