marketstrength indicator needed

• 01/05/2021 at 1:36 PM #156443
  magnus59

  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

  

  magnus59

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  01/07/2021 at 11:43 AM #156731
  Nobody

   

  Volume value as Dollar value

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

  1 2 3 4 5

  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

   

   

  

  Nobody

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  01/07/2021 at 1:56 PM #156749
  Nicolas

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

  

  Nicolas

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