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Cumulative New Highs - New Lows

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Breadth Indicators High-Low Index
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breadthstudies highlowindex
Indicator that plots the cumulative number of 52-Week New Highs minus New Lows with an added moving average. Settings allow the choice between S&P 500, Nasdaq 100 or the Overall Market as Index. You can also customize the length of the moving average.
Release Notes:
Indicator now opens in a new pane by default.
Release Notes:
Added Nasdaq Composite, NYSE Composite and Russel 2000 as available indices.
Release Notes:
Minor changes
Release Notes:
NYSE, Nasdaq Composite and Total Stock Market now feature historical data until 2005.
Release Notes:
minor changes
Release Notes:
Updated terms
Release Notes:
Corrected typo
Release Notes:
Index clarification and minor optical changes
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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