Updated
Distribution Days
This script marks Distribution Days according to the Investors Business Daily method -- a significant decline on higher volume:
(1.) Price has declined > 0.2% from the prior day's close
(2.) Trading volume is greater than the prior day's volume
(1.) Price has declined > 0.2% from the prior day's close
(2.) Trading volume is greater than the prior day's volume
Release Notes
This script marks Distribution Days according to the Investors Business Daily method -- a significant decline on higher volume:(1.) Price has declined > 0.2% from the prior day's close
(2.) Trading volume is greater than the prior day's volume
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.