Plots the NYSE, NASDAQ, AMEX UP Volume and DOWN Volume ratios as a histogram - and adds the index UVOL / DVOL ratios as a line graph.
DVOL is represented as negative - UVOL as positive. When either is above 2 its a good predictor of the day's outcome. At least - it tells you if the bulls or bears are winning the day.
Really simple to use / edit to your needs
-Head on over to my blog a Networthie.com to read more about the Breadth Ratio; or head to my snapchat to watch me apply this principle in the morning trading.
- The Breadth Ratio v1.1 Indicator is a Market Internals tool based upon the shares traded in stocks that...