Market Sentiment.....

ChartMan

Legendary member
5,580 46
I've written 4 routines to guage Market sentiment. I hope it will turn out to be a useful set of EDS routines. I'm also tracking the results on a daily basis in Excel.
Basically the indicators are:
The number of stocks that have risen by more than 5% today.
The number of stocks that have fallen by more than 5% today.
The number of stocks that closed within 1% of today's high.
The number of stocks that closed within 1% of today's low.
The routines can be found by looking under "system Trading" and then "EDS"
 

RogerM

Established member
752 6
An interesting idea. Have you tried deducting the no of stocks within 1% of the days low from the non of stocks within 1% of the days low and plotting as a spread indicator? Might show short term market turns.
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock