Registered User
Joined: 7/25/2011
Posts: 17
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Bruce, i wanted to chart Net NYSE advancing issues - declining issues. Adv issues is $NYED and declining issues is $NYED. Is there a way to chart the difference of those 2 numbers. I then want to take a 10 day moving average of that and on the same chart, but on a separate panel chart the SPX. I don't actually want to see the NET adv/decline line, rather just the 10 day moving average.
thanks.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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It is possible to do so using StockFinder, but it is not possible in TC2000.
There is something similar to this available however:
Worden’s Market Indicators (T2s)
T2103 Zweig Breadth Thrust
Developed by Martin Zweig (The Zweig Forecast, PO Box 5345, New York, NY 10150), this indicator is calculated by taking a 10-day moving average of the number of advancing issues divided by the number of advancing issues plus the number of declining issues. Since it is a percentage indicator, it cannot go below 0 or above 100. However, it is rare that it goes below 40 or above 60.
-Bruce
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Registered User
Joined: 7/25/2011
Posts: 17
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thx
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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