Reply To: Net Advancing Volume Percent

[Rowan]

Hi,

I’m also building this breadth, however I’m unsure if my total Advance/Decline Volume script is correct.
My scripting is different however achieves the same (forgive me I’m still relatively new to scripting):

Advancing Volume:
u1 = VOL();
u2 = VOL(OFFSET=-1);
u3 = u2 – u1;
u3 > 0

Declining Volume:
u1 = VOL();
u2 = VOL(OFFSET=-1);
u3 = u2 – u1;
u3 < 0

Advance/Decline Volume:
u1 = VOL();
u2 = VOL(OFFSET=-1);
u3 = u2 – u1;
u4 = u3 > 0;
u5 = u3 < 0;
u6 = (u4 – u5) / u1;
u6