This indicator supports the following NSE wide metrics derived from EOD BHAVCOPY. UP/DOWN VOLUME UP/DOWN TRADED VALUE ADVN/DCLN 4% UP/DOWN NEW HIGHS/LOWS 20D NEW HIGHS/LOWS 50D NEW HIGHS/LOWS 100D NEW HIGHS/LOWS 200D The metrics can be displayed as NET ( UP - DOWN), ACTUAL VALUE (UP vs. DOWN) or a PERCENTAGE ( UP / (UP + DOWN)) Please use Daily Timeframe for...
Indicator draws UP & DOWN VOLUME for both NYSE and NASDAQ - just choose the appropriate exchange in settings.
Calculating NYSE Up Volume (UPVOL.NY) vs NYSE Down Volume (DNVOL.NY). The triangles appear when the ratio exceeds 90% in either direction. Also has the option to switch to NQ, US, DJ, AM, or AX tickers. Credit to @MagicEins for the original script:
Plots the NYSE, NASDAQ, AMEX UP Volume and DOWN Volume ratios as a histogram - and adds the index UVOL / DVOL ratios as a line graph. DVOL is represented as negative - UVOL as positive. When either is above 2 its a good predictor of the day's outcome. At least - it tells you if the bulls or bears are winning the day. Really simple to use / edit to your needs Enjoy