Does thinkorswim have an advance / decline line that looks like these charts? def ADR = if A > D then Round(A / D, 1) else Round(-D / A, 1); Nick over at thinkorswim informed me that the last update caused an issue with the AddLabel command. Esignal and Tradestation offer very comparable platforms, Ive just been with TOS for the past 6 years and thus built some platform loyalty. The yellow line represents the 10-day simple moving average of the ratio. def A = close($UVOL); Market Breadth Primer | DaytradingBias.com It's a ratio between advancing and declining stocks versus the volume of stocks whose price increases or decreases. Not sure why it works in some platforms and not others. More up volume would mean the ratio would be higher, whereas more down volume would push the ratio lower. Yes it is John. Anybody have any experience with this script? Any clue why it happens? Yeah I am getting the same error, Nato did you get it figured out? Join 2,500+ subscribers inside the useThinkScript VIP Membership Club, VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. Advance-Decline Volume Line [ChartSchool] - StockCharts.com JavaScript is disabled. FAQ Frequently Asked Questions - Shadow Trader Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets. If you are new, or just looking for guidance, here are some helpful links to get you started. 5 3 3 comments Best Add a Comment Hi Tim, Are the number of stocks trading above a moving average in line with other indicators? addlabel(yes, concat( NBO= ,TheDaysOpen), 10:11 Mobius: AD (Advance/Decline Line) is an Intraday indicator. in your video, i didnt see any. Uncheck Show AD plot. No one can ever exhaust every resource provided on our site. You are using an out of date browser. The Arms Index, also called the Short-Term Trading Index (TRIN) is a technical analysis indicator that compares the number of advancing and declining stocks (AD Ratio) to advancing and declining.
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