OPEN-SOURCE SCRIPT
Identify market tops/ bottoms: Advance/ Decline Volume >89%
Marks days with up-volume or down-volume greater than 89%. Helps to identify market bottoms or tops.
(Data from NYSE stock exchange)
(Data from NYSE stock exchange)
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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