Reply To: Average of all stocks below their 252-day highs as a breadth tool

[Louis]

Hi Matthew. This is what I tried originally, but the values do not match.

The value from the watchlist is 8.41%.
The value from the breadth tool is 16%.

This discrepancy is because in the breadth engine, the average setting divides the result of the script by the total amount of items being checked. 8.41/505 = 16. Please see pictures 1, 2 and 3 attached.

thank you,