MagicEins

New Highs-Lows NASDAQ-Buschi

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227

English:
This indicator shows the NASDAQ's new highs (green) and new lows (red).
Extreme trading days with more than 99 % new highs relative to new lows vice versa are marked via lines (theoretically values) and triangles (breaches).

Deutsch:
Dieser Indikator zeigt die neuen Hochs (grün) und neuen Tiefs (rot) der NASDAQ.
Extreme Handelstage mit mehr als 99 % neuen Hochs relativ zu den neuen Tiefs und andersherum sind gekennzeichnet über Linien (theoretische Werte) und Dreiecke (Überschreitungen).
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Commenti

good indicator, however, can you please further explain what does the line mean?
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Best advance indicator thanks MagicEins!
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👍
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Nice code, could you pl. help me with another piece of similar code to mark Highest and Lowest of the day since day open?
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Good One....Thanks....How can it be altered for different exchange??
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MagicEins rupesh007
@rupesh007, thank you!
The data comes directly from TradingView (HIGQ, LOWQ), so there are limits which exchanges are supported. I already made similar indicators for the NYSE and AMEX.
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