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

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

#67551
Louis
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  • Replies: 61
  • Posts: 96

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,

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