Stocks Advance/Decline Histogram indicator, which I call ADH is my own implementation that plots an histogram of the difference between the number of advancing and declining stocks on a daily basis (or higher time frame) for the NASDAQ and NYSE.
How to use it? Green: More NYSE stocks are advancing than declining. Red: More NYSE stocks are declining than advancing.
Light Green: More NASDAQ stocks are advancing than declining. Light Red: More NASDAQ stocks are declining than advancing.
Note: Advance/Decline data is based on daily or higher time frames.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
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