Custom Breadth Data

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konstantin
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Custom Breadth Data

Postby konstantin » 18 Sep 2009

Is there any way to calculate custom breadth data with multicharts?

I would need breadth data based on EOD data and using formulas (like RSI, etc.) on a basket of symbols (100 or more symbols).

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Andrew Kirillov
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Postby Andrew Kirillov » 18 Sep 2009

konstantin,

Please check built-in Absolute Breadth indicator in MultiCharts.

Also we have a couple of breadth-related studies in the Knowledgebase.

The McClellan Oscillator is a market breadth indicator that is based on the smoothed difference between the number of advancing and declining issues on the New York Stock Exchange.
http://www.tssupport.com/support/base/?action=article&id=1312

Mark Brown's article "Trading the momentum of market breadth" in Active Trader Magazine, Dec 2000:
http://www.tssupport.com/support/base/?action=article&id=1466


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