Description
ShadowTrader Weighted S&P Advance Decline Line thinkScript – ShadowTrader, Peter Reznicek – ShadowTrader Weighted S&P Advance Decline Line thinkScript – ShadowTrader, ShadowTrader Weighted S&P Advance Decline Line thinkScript – ShadowTrader download, Peter Reznicek – ShadowTrader Weighted S&P Advance Decline Line thinkScript – ShadowTrader review, ShadowTrader Weighted S&P Advance Decline Line thinkScript – ShadowTrader free torent
Peter Reznicek – ShadowTrader Weighted S&P Advance Decline Line thinkScript – ShadowTrader
ShadowTrader WEIGHTED S&P ADVANCE DECLINE LINE thinkScript
The latest must have thinkscript to enhance your quad even further. Advance decline on the S&P is one of the most powerful tools you can have in your arsenal when trying to figure out the intraday direction of the /ES and broad market.
The S&P 500 can only move accordingly with the 11 sectors that make it up. The problem is that these sectors are all weighted differently. This script plots both an unweighted and a weighted A/D line using the 11 sectors and their respective weights. This gives the trader a huge edge in discerning the strength of moves and also knowing when there is positive or negative divergence in heavier versus lighter weighted sectors as the day unfolds.
ShadowTrader Weighted S&P Advance Decline Line
Plots a weighted S&P A/D line against an unweighted one
Shows when heavier weighted sectors in S&P are leading or lagging
Adds another vital layer to internal divergences and confirmations
Customizable to view plot in 15 different formats (lines, arrows, histogram, dots, etc)
Includes detailed instructions on how to insert and customize on your thinkorswim platform
