Stocks Advance/Decline Histogram

Stocks Advance/Decline Histogram indicator, which I call ADH is my own implementation that plots an histogram of the difference between the number of advancing and declining stocks on a daily basis (or higher time frame) for the NASDAQ and NYSE.

How to use it?
Green: More NYSE stocks are advancing than declining.
Red: More NYSE stocks are declining than advancing.

Light Green: More NASDAQ stocks are advancing than declining.
Light Red: More NASDAQ stocks are declining than advancing.

Note: Advance/Decline data is based on daily or higher time frames.
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.

Want to use this script on a chart?
Appreciation of my work:

Premium Pivot Points Algo Indicator:


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter