Diffusion Index

Optuma Forums Optuma Scripting Diffusion Index

This topic contains 1 reply, has 2 voices, and was last updated by Mathew Mathew 1 month, 1 week ago.

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  • #53637
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    Duke
    • Topics: 7
    • Replies: 4
    • Posts: 11

    Has anyone created a diffusion type index?  I am looking to use the Breadth function in Optuma but I need to create a combination of an advance decline line and a percent of constituents indicator so I was looking to see if anyone had a created something similar in which to model against.

    #53661
    Mathew
    Mathew
    • Topics: 16
    • Replies: 1,025
    • Posts: 1,041

    Hi Duke,

    As the diffusion index is an AD line on the %up breadth measure we can just Accumulate the difference in that value.

    You can do this in a ShowView tool.

    Hope that helps

    Mathew

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