Participation percentage

[Jeff1228]

Hi gangs,

Mark Minervini uses an indicator called Participation Percentage to measure if the overall market is in healthy shape, basically, it measures the percentage of stocks above its 200 days SMA, do we have anything like that here? Please share.

Thanks

@BenTen @markos @horserider @MerryDay

 

[Willtrader]

You could do something similar by measuring the 200 MA for all the different industries using the ProShares ETFs. Count the ones above and below and get a percentage

 

[Jeff1228]

You could do something similar by measuring the 200 MA for all the different industries using the ProShares ETFs. Count the ones above and below and get a percentage

Thanks, but any code for that?

 

[Joshua]

$SPXA200R

 

[Jeff1228]

$SPXA200R

Thank you so much.

But what about NASDAQ? I tried $NDFI and $NDTH, I could find them on BarChart, but not on TOS

 

[MerryDay]

Thank you so much.

But what about NASDAQ? I tried $NDFI and $NDTH, I could find them on BarChart, but not on TOS

No those cannot be currently found in the ToS datafeeds