VOLD Indicator

Similar to the USI:TICK and USI:ADD, the USI:VOLD index shows the volume of the advancing stocks versus the volume of the declining stocks. Ideally, we want to see the ratio of VOLD being higher than usual. A way to see this ratio will be forthcoming. Stay tuned!

Nota Keluaran:

• Added ratio of volume between advancing versus declining stocks in upper right side of table.
  
• You can now plot the aforementioned ratio as a histogram by selecting "ratio" under the "Candle Style".
  
• Added checkbox to enable/disable threshold lines in a single click It is "off" by default.
  
• Other minor bug fixes.
  

Nota Keluaran:

Simplified the indicator to provide exactly what you're looking for in this indicator:

1. the raw VOLD data
   
2. the VOLD ratio
   

Added tooltips to the indicator settings and simplified the options.

Nota Keluaran:

Here's an attempt at creating a VOLD ratio for the DAX 40 index. Because of TradingView's limit of no more than 40 securities requests per script, and given that the script is already making 6 other requests, I had to exclude 6 securities from the DAX VOLD ratio, listed below. Their weight on the index is 0.7 or lower. All the other securities were gathered from the list in Wikipedia (en.wikipedia.org/wiki/DAX).

1. CON.DE 0.6
   
2. 1COV.DE 0.6
   
3. PAH3.DE 0.6
   
4. HEI.DE 0.7
   
5. ENR.DE 0.7
   
6. ZAL.DE 0.7
   

Nota Keluaran:

For performance improvements, I've moved the VOLD calculation for the DAX 40 Index to it's own separate indicator. Please see the following if interested: