Friday, September 19, 2008

Advance Decline

We are enhancing our services and adding new studies (indicators) to our charts...

Advance Decline PO

Once again, MarketVolume® is one step ahead of the competition. Right now, our development team put the finishing touches on our new Indexes charts. MarketVolume® is the only source of real-time intraday index volume and advance / decline charts for major US indexes and exchanges. Now, we are raising the bar even further. From now on you may monitor A/D PO (Advance Decline Percentage Oscillator), and we are the only source of AD PO for U.S. indexes and Exchanges.
About Advance Decline Percentage Oscillator (OBV)

To avoid a situation when the A/D Ratio would run towards infinity our team has developed and implemented a new technical indicator Advance/Decline Percentage Oscillator (A/D PO) in September 2008. We are the first who introduced this indicator to the world and at the current moment we are the only company that provides this indicator and we consider ourselves this indicator developers.

The A/D PO has the same meaning and analyzes the ratio between the advances and declines. The difference between A/D PO chart and A/D Ratio chart (with similar chart setting) is barely noticeable. Yet, it allows to analyze the A/D Ratio results in the percentage scale from -100% to +100%.

Below you may see formulas used in A/D Percentage Oscillators.

Advance/Decline Issues Percentage Oscillator:
A/D Issues PO =
Advance Issues - Decline Issues


Advance Issues + Decline Issues
x 100
Advance/Decline Volume Percentage Oscillator:
A/D Volume PO =
Advance Volume - Decline Volume


Advance Volume + Decline Volume
x 100
Advance/Decline Momentum Volume Percentage Oscillator:
A/D Mom Volume PO =
Advance Mom Volume - Declined Mom Volume


Advance Mom Volume + Declined Mom Volume
x 100
New Highs/Lows Percentage Oscillator:
H/L PO =
New Highs - New Lows


New Highs + New Lows
x 100

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2 comments:

Anonymous said...

I got to your website after reading about an Advance - Decline ratio in Robert Prechter's bestseller "Conquer the Crash" dated from 2002. After Googling for this ratio, I ran into your website. Prechter uses the same definition as MV, but applies it to prices, not, as far as I know to volumes.

MV Technical Support said...

We call Advance Decline Issues indicators those indicators where Advance decline principles are applied to price. Those indicators where the same principles applied to volume are called Advance Decline Volume indicators. TRIN (one of the most popular breadth indicators) uses advance decline volume and advance decline issues. We cover whole range of all possible breadth indicators based on price (issues) and volume.