Does an efs for or a symbol to monitor this exist in eSignal ? I haven't been able to find one.
If not could someone please write one and post it for all to use.
It is a market breadth indicator that is based on the difference between the number of advancing [$ADV] and declining issues [$DECL] on the NYSE.The basic formula should be as follows.......
(19 Day EMA of Advances - Declines) - (39 Day EMA of Advances - Declines)
Brian
If not could someone please write one and post it for all to use.
It is a market breadth indicator that is based on the difference between the number of advancing [$ADV] and declining issues [$DECL] on the NYSE.The basic formula should be as follows.......
(19 Day EMA of Advances - Declines) - (39 Day EMA of Advances - Declines)
Brian
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