Advance/decline or New high/New Lows |
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dooba
Newbie Joined: 11 Apr 2006 Location: Australia Posts: 5 |
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Topic: Advance/decline or New high/New Lows Posted: 25 Oct 2010 at 4:44pm |
Max,
Thanks for your reply. Understand the time constraints. Much appreciate the starting point. Regards |
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Regards
dooba |
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maximo
BullCharts Guru Joined: 02 Sep 2006 Location: Australia Posts: 232 |
Post Options Quote Reply Posted: 25 Oct 2010 at 4:26pm |
Hi dooba,
I'm surprised I haven't seen or answered this before. It involves a lot of work. To construct an indicator of 200 stocks requires considerable time and that's something I don't have a lot of atm. Anyhow here's an oscillator of the 4 banks, which you can play with. I've included the latest listing of the ASX50 stocklist. The black line is the average of all 4.
You can add the other 196 stocks in the index if you wish.
n := input("Period",10,1);{ Index Composition for ASX20 } S001:= "AMP"; S002:="ANZ"; S003:="BHP"; S004:="BXB"; S005:="CBA";S006:= "CSL"; S007:="FGL"; S008:="MQG"; S009:="NAB"; S010:="NCM";S011:= "ORG"; S012:="QBE"; S013:="RIO"; S014:="SUN"; S015:="TLS";S016:= "WBC"; S017:="WDC"; S018:="WES"; S019:="WOW"; S020:="WPL";{ Index Composition for remaining ASX50 } S021:= "AGK"; S022:="AIO"; S023:="AMC"; S024:="ASX"; S025:="BSL";S026:= "CCL"; S027:="CFX"; S028:="CPU"; S029:="FMG"; S030:="GPT";S031:= "IAG"; S032:="IPL"; S033:="LEI"; S034:="LLC"; S035:="MGR";S036:= "MAP"; S037:="MIG"; S038:="NWS"; S039:="ORI"; S040:="OSH";S041:= "OST"; S042:="QAN"; S043:="SGP"; S044:="SHL"; S045:="STO";S046:= "TAH"; S047:="TCL"; S048:="CWN"; S049:="TOL"; S050:="WOR";[color =blue]a001:=(( ma(LoadSymbol(S005,H),n)-ma(LoadSymbol(S005,L),n*2)) / LoadSymbol(S005,C))*100;a001; [color =lime green]a002:=(( ma(LoadSymbol(S016,H),n)-ma(LoadSymbol(S016,L),n*2)) / LoadSymbol(S016,C))*100;a002; [color =coral]a003:=(( ma(LoadSymbol(S003,H),n)-ma(LoadSymbol(S003,L),n*2)) / LoadSymbol(S003,C))*100;a003; [color =crimson]a004:=(( ma(LoadSymbol(S009,H),n)-ma(LoadSymbol(S009,L),n*2)) / LoadSymbol(S009,C))*100;a004; [color =black; width=2](a001+a002+a003+a004)/4; { sum stocks and divide by number of stocks }
[width =1]1; Edited by maximo - 25 Oct 2010 at 4:29pm |
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dooba
Newbie Joined: 11 Apr 2006 Location: Australia Posts: 5 |
Post Options Quote Reply Posted: 05 May 2010 at 4:44pm |
Good pickup. Great work
Thanks for that.
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Regards
dooba |
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Bana
Regular Joined: 02 Jan 2007 Location: Australia Posts: 46 |
Post Options Quote Reply Posted: 05 May 2010 at 2:57pm |
Bana
Regular Joined: 02 Jan 2007 Location: Australia Posts: 46 |
Post Options Quote Reply Posted: 04 May 2010 at 9:35am |
Thanks for that Dooba.
Maximo must be taking a break.
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dooba
Newbie Joined: 11 Apr 2006 Location: Australia Posts: 5 |
Post Options Quote Reply Posted: 04 May 2010 at 9:32am |
Bana,
Just got the below response from Bullcharts
Hi Wael, Unfortunately, BullCharts doesn’t have a chart for Advanced/Declines for the stock market. I shall check with developers to see if there is any way to have it or not Sorry for the inconvenience, Decha Puapankasemsuk WebLink Systems Pty Ltd t: +61 2 9495 8400 f: +61 2 9495 8401 1 Railway St Chatswood NSW 2067 |
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Regards
dooba |
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dooba
Newbie Joined: 11 Apr 2006 Location: Australia Posts: 5 |
Post Options Quote Reply Posted: 04 May 2010 at 8:05am |
Hi Bana,
I recently sent a message to Maximo with the same question about Advance/decline, but got no answer. Good luck.
I also recently sent an email to Bullcharts asking the same thing. Again no answer!
If I hear anything from Bullcharts, I will post here.
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Regards
dooba |
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Bana
Regular Joined: 02 Jan 2007 Location: Australia Posts: 46 |
Post Options Quote Reply Posted: 03 May 2010 at 5:26pm |
(1) I presume we all are well aware of the advance/decline indicator. Bullcharts has this daily information of advance and declines under "Actions" -> "Market Views". Is it possible write bullscript to plot this indicator over a chart?
(2) There is another similar indicator of new high and new lows. Link attached for further information.
Is it possible write bullscript to plot this indicator over a chart?
Maximo.......can you help please? Edited by Bana - 03 May 2010 at 5:41pm |
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