I was reading in an online newsletter about an indicator called the "Intermediate Potential Risk Indicator." It is said to measure the percentage of stocks on the NYSE trading above their 200-day moving average. Does anyone know where to find this? Does anyone know how to make an indicator like it or know which current indicator is comparable? Thanks! .
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Intermediate Risk.
Hey Everyone,
I was reading in an online newsletter about an indicator called the "Intermediate Potential Risk Indicator." It is said to measure the percentage of stocks on the NYSE trading above their 200-day moving average. Does anyone know where to find this? Does anyone know how to make an indicator like it or know which current indicator is comparable? Thanks! .Tags: None
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Hello,
I've heard of this type of indicator, but I have not seening it. Let's see if someone posts it for you. I am assuming you already did a search on our forum.
To code something like this you would probably need to use the multi-instrument concepts within this link:
DenNinjaTrader Customer Service
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Ray,
That's ok. I'm just wondering if one would have to just plot a 200 Day Moving Average, filter the ones above and below and then just calculate the percentages.
Orrrr, if someone has the data above and below and we could just download the data and plot it.
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