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Following on from this thread here are details for charts posted on our Twitter account. Comment in the Tweet and we’ll post the details here.
For example, to calculate the average drawdown for the members of an index, as per this Tweet: https://twitter.com/Optuma/status/1471137257969135621?s=20
This was calculated using the Drawdown Percent function DDP() in the custom Market Breadth module, with the Breadth Action set to Average.
By default, the DDP() function will calculate distance from the 1 year high.
Once calculated, the data can be viewed in the Breadth Data tool below the price chart:
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Hii Sir,
It seems ismember is not working on this any reason.
Regards,
DeepakHi Deepak,
The ISMEMBER() function only works with true/false conditions, not when calculating averages.
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