Breadth Zone
by PRASHANT SHAH -
Breadth Zone We discussed how we can plot different breadth indicators. We calculate the percentage of stocks qualifying for a bullish criterion. We can do something similar with bearish criteria, high volatility, high momentum etc. With this calculation, any breadth indicator that we plot will be oscillating between 0 and 100. We have different zones ... Read more
Bullish-Percent
by PRASHANT SHAH -
Noiseless chart indicators I prefer to track breadth indicators based on noiseless charts because it considers both price and volatility. Thomas Dorsey in his book mentioned that Earnest Staby was trying to create an indicator that is bearish when the market is at the top and bullish when the market is at the bottom. He ... Read more
All Sector Breadth
by PRASHANT SHAH -
All sector breadth You must have by now understood the concept of breadth. You can plot breadth on NSE All Sectors group to study the trend and the health of the market. Create a group of all sectors and plot its breadth chart. Think about this for a moment, what will that chart capture? For ... Read more
Breadth Indicators – Introduction
by PRASHANT SHAH -
There is humongous research and study done concerning breadth indicators. Many analysts have spent years in this field and have developed many interesting indicators. I recommend reading The Complete Guide to Market Breadth Indicators: How to Analyze and Evaluate Market Direction and Strength by Gregory Morris if you wish to learn more about all the ... Read more
Breadth – Renko
by PRASHANT SHAH -
We have discussed indicators on price charts. Such indicators applied on price charts help in identifying either momentum or extreme zones of a particular instrument. For example, we can apply an indicator on Nifty and measure the price exhaustion or momentum of the index. Breadth indicators are, however, not calculated on the price of an ... Read more
