NYSE Advancing Issues & Volume Ratios

Overview
This comprehensive market breadth indicator tracks two essential NYSE ratios that provide deep insights into market sentiment and internal strength:

• NYSE Advancing Issues Ratio
  
• NYSE Advancing Volume Ratio
  

Dual Ratio Analysis

• Issues Ratio: Measures the percentage of NYSE stocks advancing vs. total issues
  
• Volume Ratio: Measures the percentage of NYSE volume flowing into advancing stocks
  

Both ratios displayed as easy-to-read percentages (0-100%)

Customizable Display Options

• Toggle each ratio on/off independently
  
• Choose from multiple moving average types (SMA, EMA, WMA)
  
• Adjustable moving average periods
  
• Custom color schemes for better visualization
  

Reference Levels

• 50% Line: Market neutral point (gray dashed)
  
• 10% Line: Extremely bearish breadth (red dotted)
  
• 90% Line: Extremely bullish breadth (green dotted)
  

Optional background highlighting for extreme readings

Smart Alerts

• Cross above/below 50% (neutral) for both ratios
  
• Extreme readings: Above 90% (strong bullish) and below 10% (strong bearish)
  
• Real-time notifications for key market breadth shifts
  

📈 How to Interpret

Bullish Signals

• Above 50%: More stocks/volume advancing than declining
  
• Above 90%: Extremely strong market breadth (rare occurrence)
  
• Divergence: Price making new highs while breadth weakens (potential warning)
  

Market Timing

• Extreme readings (10%/90%) often coincide with market turning points
  
• Breadth thrusts from extreme levels can signal powerful moves
  
• Use with other technical indicators for enhanced timing