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 |
A/D Volume PO = | Advance Volume - Decline Volume Advance Volume + Decline Volume | x 100 |
A/D Mom Volume PO = | Advance Mom Volume - Declined Mom Volume Advance Mom Volume + Declined Mom Volume | x 100 |
H/L PO = | New Highs - New Lows New Highs + New Lows | x 100 |
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