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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » T2122

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rdregula
Posted : Thursday, October 16, 2014 10:16:33 AM
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Joined: 2/7/2010
Posts: 8

T2122 4week New High/New Low Ratio

This indicator is calculated by taking the new highs for the last 4 weeks divided by new highs + new lows. Research results have revealed a bullish tendency at extreme high readings and a slightly bearish tendency at extreme low readings.

What is the stock universe that this indicator measures?

 

Regards OHLC

 

Never accept a warm beer from a urologist!
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Bruce_L
Posted : Thursday, October 16, 2014 10:22:13 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

The universe of stocks used is the NYSE symbols which have been in our database for at least one year.


-Bruce
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