NSE Advance Decline line as symbol

Vinod V Nadoda shared this idea 2 years ago
Implemented

Dear Sir,


Is it possible to have NSE Advnace decline line as a symbol ? I mean, can we have live NSE Advance decline line data in 1 minute format ??. If you can add Advcne decline line as a symbol, this may be possible. Please let me know whether it is possible or not. It is very useful for day traders.

Best Answer
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We have launched the Advanced Decline Indicators in TrueData Cheetah & are also continuously improving it.

You can see the Advancing, Declining & Neutral Stocks in both tabular & graphical form.

We have now added the Adv/Decline ratio as a line.

Please see the screenshots here:-

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faf91d43dcc075989eff8cac217b2849

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042b6ea7b68a1bacc3659fa97e04476c

We look forward to more suggestions from you !

Comments (32)

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1

Thank you for the idea.


We will consider this idea. We will need to add the Adv Decline line as Aux2, like we are about to release the Average Price (as sent by Exchange) in Aux 1.


We will study the feasibility of doing this, but giving it in the chart may be slightly tricky. Will follow it up however.

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2

NSE nifty 50 stock's advance decline line will also be helpful for Nifty trader..


Thank you

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1

Thanks for reaffirming this requirement.


We will surely look into this in our next major upgrade as this needs changes at the server end.

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1

We have now launched this as shown in the picture above.

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2

Yes. It is very important Indicator. It would be great if you provide this indicator

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2

Ye this is really usefull and if possible please add NSE tick Indicator

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1

Not sure what you mean by the NSE Tick Indicator.


Could you please explain more.


Thanks.

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2

It is similar to NYSE tick Indicator. It represents number of stocks ticking up minus the number of stocks ticking down. For example, if the TICK reads +200, then 200 more stocks on the NSE are ticking up then are ticking down. This is a bullish signal. If the TICK should read -354, then we understand that 354 more stocks are ticking down then are ticking up. This is a bearish signal. I think, In india, no data provider provides this. For Day Traders, Tick Indicator and Advance Decline Line as a Indicator (i.e. symbol) really very useful & I think people will not mind to pay extra charges for that as nobody provides.

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2

Please go through below link -


http://www.moneyshow.com/articles.asp?aid=daytraders-22523

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1

Thank you Vinod & Dharamveer for the same !

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2

Also if possible in Advance and Decline and tick indicator try for index as well as whole stocks seperately. These two are important for daytraders.

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1

Thank you for the awesome feedback all !!


We have started work on a new server side and we are looking to surely add this feature in.

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2

Sir,


How long will it take to have these features ?? I mean approx time

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1

Yes, this feature would take some time to reach you as we are in the process of upgrading our server side software.


Cannot give you a date as of now, but it should be there in a couple of months.

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1

Sir, any progress for this feature ? It is already more than a year old requirement.

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1

Are you working with both the AdvanceDecline and Tick indicators in the next update.

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1

Yes ! However, the implementation of the same still has some time to go. I cannot give you an exact time line for this implementation. But this is coming for sure.

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1

Can we expect it seperately for the Banknifty Index as well.

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1

This file can be helpful and give more information on important indicators.

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1

Thanks for the MarketStats.xls workbook. It would indeed be helpful.


The kb.esignal link is inaccessible, though. It says session timed out.

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1

you need to first login to esignal account and then open the page in new browser to access the same.

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1

Sir,

Any update on this feature ? Can we expect in near future ? Pl reply.

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1

Yes sir, we are working on a new server-side backend and this is planned with the same. We thank you for your patience and promise only the best to you in the near future.

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1

Hello sir,

As server side upgrade is already completed. I hope that this feature should be available. Can you please reply on this.

Thanks

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1

Can you please reply on this feature ???

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1

The Adv Decline line as a symbol is still work in progress and not ready yet. We will update you once this would be ready.

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1

We have launched the Advanced Decline Indicators in TrueData Cheetah.

You can see the Advancing, Declining & Neutral Stocks in both tabular & graphical form.

We are also looking to add an Adv/Decline ratio as a line.

We look forward to more suggestions from you !


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1

Thank you for adding this indicator.

If you can provide Advance Decline symbol in one minute OHLC format it will be really much helpful as we can plot in candlestick form below prices. As per my knowledge, no data provider in india provides this but it is available in US markets ($ADSPD - Advance decline indicator & $Tick - NYSE tick).

Here is the list of all market breadth indicators for US Markets - https://clientcenter.tradestation.com/fees/breadth_indices.shtm

Please go through this video for Advance decline line as well as tick indicator to know what i mean to say.

https://www.youtube.com/watch?v=tax7BqxM4fE

Thanks

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1

Next Steps to fulfil more.

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1

We have launched the Advanced Decline Indicators in TrueData Cheetah & are also continuously improving it.

You can see the Advancing, Declining & Neutral Stocks in both tabular & graphical form.

We have now added the Adv/Decline ratio as a line.

Please see the screenshots here:-

b83cd5e31532a4c973e39acf00998407

faf91d43dcc075989eff8cac217b2849

b7677e3cd826cfcbd3b1d63dd23f05fc


332e30873d92d94323e20f8b5b909784

042b6ea7b68a1bacc3659fa97e04476c

We look forward to more suggestions from you !