Advance decline

Futurestrader00

Junior Member

Join Date: May 2020

Posts: 12
#1

Advance decline

05-15-2021, 12:04 AM

Hi just wanted to know if there is an advance decline indicator for market breadth
thanks
Tags: None
NinjaTrader_ChelseaB

NinjaTrader Customer Service

Join Date: Dec 2012

Posts: 21865
#2

05-15-2021, 11:30 PM

Hello Futurestrader00,

The AdvanceDecline is available on the app sharing site. Below is a publicly available link.

Advance Decline - NinjaTrader Ecosystem

https://ninjatraderecosystem.com/user-app-share-download/advance-decline/

NYSE Advancing Issues/Declining Issues Uses historical tick data to calculate the ^ADV index minus the ^DECL index to give a simulation of the ^ADD index. Requires a data feed that supports indexes and provides data for the ^ADV (NYSE Advancing Issues) and ^DECL (NYSE Declining Issues). Update June 16th, 2020 – Corrected stroke attributes to […]

If you are wanting to compare two instruments that are not advance decline, the Spread indicator can do this with any two instruments.

Spread - NinjaTrader Ecosystem

https://ninjatraderecosystem.com/user-app-share-download/spread-2/

Plots the Spread of two instruments The first instrument is the primary chart data series. The secondary instrument is specified by the parameter "Symbol2". The Parameters "Qty1" and "Qty2" are multipliers which are applied to each instrument's price before adding the two; default values are "Qty1=1" and "Qty2=&dash;1" which will simply plot the difference between […]

The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.

Chelsea B.NinjaTrader Customer Service
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Advance decline

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