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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - StockFinder 5.0 » Rally breadth indicator

Rally breadth indicator Rate this Topic:
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pvputtkamer
Posted : Saturday, October 4, 2008 7:09:23 PM
Registered User
Joined: 9/16/2008
Posts: 9
 Hello,
 I haven't found any information about the Rally Breadth indicator. Is there a description available for this indicator?

Thanks
 -pvputtkamer
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Michael_T
Posted : Monday, October 6, 2008 7:56:08 AM


Worden Trainer

Joined: 10/7/2004
Posts: 710
 Rally breadth measures what percent of the stocks in a WL have moved up by what percentage over the last 100 bars (what percent of the stocks in a WatchList haver participated in the rally and to what degree). Blue--5%; Aqua-10%; Yellow-15%; Red-25%. So for instance, if I have a value in the blue shaded area of 75, that would mean that 75% of the stocks in my WatchList were up by at least 5% over the past 100 bars. If I had a value of 50 for the red shaded area, it would mean that 50% of the stocks in my WatchList were up at least 50% in the past 100 bars.

You can adjust the period and the percentages by simply clicking on the values in the legend to get teh quick edit.
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