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crutchie

Exchange Net Highs-Lows

crutchie Updated   
Breadth Indicators High-Low Index
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breadthstudies highlowindex
Displays the net new 52 week highs - 52 week lows for either the NYSE or Nasdaq. Select colors and moving average input within the settings.
Release Notes:
Added shading for if the Net H-L is above or below the 50 SMA. A useful market signal that I learned from @StaresAtCandles.
Release Notes:
Updated data sources and cleaned up format of code.
Open-source script

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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