Up/Down Vol Ratio

11 Kas 2022

The Up/Down Volume Ratio is a tool utilized by investors.com. They describe it as "A 50-day ratio that is derived by dividing total volume on up days by the total volume on down days. A ratio greater than 1.0 implies positive demand for a stock."

It is best used to confirm buying or selling pressure in your stock in conjunction with price analysis.

Acknowledgment
The formula is obtained from the investors.com education section: [url=education.investors.com/financial-dictionary/ibd-terms/up-slh-down-volume-ratio ]education.investors.com/financial-dictionary/ibd-terms/up-slh-down-volume-ratio

Thank you to JohnMuchow for upgrading my code for best practices when publishing.

17 Ağu 2023

Sürüm Notları

Version 2.0

■ Added an option to highlight the indicator background if it is equal to or greater than a set value.

31 Mar

Sürüm Notları

Update allows the timeframe of the indicator to be adjusted from the default 50 days to any length.