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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Wednesday, September 10, 2008

New charts coming soon

Our new chart version is coming soon. The following updates will be implemented:
  • SBV colors will be swapped
  • Added percentage oscillators for Advance/Decline Momentum Volume, Advance/Decline Volume, Advance Decline Issues and New highs/Lows

Tuesday, September 9, 2008

SBV Colors

We have received a few requests from our subscribers to swap the colors on the SBV oscillator to match colors of other technical studies: green for positive values and red for negative values. At the current moment, positive SBV is red in color and negative SBV is green in color, which is the opposite of all other oscillators (If you plot several oscillator on the chart you may see that SBV oscillators are colored opposite to all other oscillator).

On September 8-9, 2008 we had survey among our subscribers.

Results of SBV color swap survey:
  • 89% - in favor of color swap
  • 7% - in favor of leaving colors unchanged
  • 4% - does not matter
As the survey result suggest we will swap the SBV colors.