AdvanceDeclineRatio(function)

Questions about MultiCharts and user contributed studies.
dingmanhoe123
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AdvanceDeclineRatio(function)

Postby dingmanhoe123 » 01 Dec 2014

I want to calculate the advance decline ratio of NQ buy using the function AdvanceDeclineRatio

should I add two sub-charts of NQ below the main chart and using the function as follow:-
advancedeclineratio(close of data2, close of data3)?

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Henry MultiСharts
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Re: AdvanceDeclineRatio(function)

Postby Henry MultiСharts » 02 Dec 2014

Hello dingmanhoe123,

Yes, Advance-Decl Ratio requires two data series: Advancing and Declining issues. The study will plot correct values only if you have the required data.


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