Category: Market Breadth Sales and Support: 022 - 4091 8900

Study Name -
Advance Decline Ratio

 
 

Description

  • Plots a line with the ratio of the percentage of advance values to that of decline values at the current bar
 

Interpretation

  • Helps in understanding the breadth of the market and the rise and fall of the stock in the market
 
 

Default Parameters Used/Inputs

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Returns/Output

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Ratio of advance and decline values of the stock

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Formula

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Adv-Dec Ratio[X]=Adv[X]/Dec[X]

 
 
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