TradingView
BenjiFutures
Apr 16, 2021 1:00 PM

Breadth indicators you've probably never heard of! Education

Percent of Stocks Above 20-Day AverageINDEX

Description

These charts help you immediately see how the entire market is faring at a given time. Note, these are daily indicators for "Free" users, and "Pro, Premium" users can view intraday timeframes.

These make great bases for creating trading algorithms on the theory of a "rising tide raises all ships".

  • MMFD Percent of Stocks Above 5-Day Average
  • MNTW Percent of Stocks Above 20-Day Average
  • MMFI Percent of Stocks Above 50-Day Average
  • MMOH Percent of Stocks Above 100-Day Average
  • MMOF Percent of Stocks Above 150-Day Average
  • MMTH Percent of Stocks Above 200-Day Average


* Trading view doesn't let us free users post links to their own website for some reason, but each of these are available as "Index" charts.
Comments
jigz11
Hi can we use this indicator for any index say NSE / India?
jazerbay
Great post man thank you!
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