marketstrength indicator needed

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  • #156443 quote
    magnus59
    Participant
    New

    Hi

    I am looking for a screener  that  can  see not only volume but also  marketstrenght   and average marketstrenght  and    percentage   movement

    Have a  look at  https://www.youtube.com/watch?v=4FHR3ulpY4U

    This  is for PRT  I need this

     

     

    Thanks   Magnus

    #156731 quote
    Nobody
    Participant
    Veteran

     

    VMA = 10
    
    XDVV = AVERAGE[VMA](VOLUME) * close
    
    RETURN XDVV as "XDVV"

    change VMA to 1 if you just want the value of the last bar , VMA is the average volume over ‘ x bars

     

    set your condition with the VMA required  Condition will be   XDVV > xxxxxxxxxx

    #156749 quote
    Nicolas
    Keymaster
    Master

    What are “marketstrenght   and average marketstrenght” , or do you know how to calculate them please?

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marketstrength indicator needed


ProScreener: Market Scanners & Detection

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magnus59 @magnus59 Participant
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This topic contains 2 replies,
has 3 voices, and was last updated by Nicolas
5 years, 2 months ago.

Topic Details
Forum: ProScreener: Market Scanners & Detection
Language: English
Started: 01/05/2021
Status: Active
Attachments: No files
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