How to check Daily and Weekly Advances (Greens) in YouTrader
In Last release I have added one important indicator, daily and weekly advances shares in YouTrader. This value display in percentage like 10% or 44.6% that mean these number of stocks are in Greens from all stocks available in YouTrader. For example there are 160 stocks in YouTrader and if advances (Greens) count is 16 then this number should be 10%.
Here 8.13% greens in Daily and 12.50% greens in Weekly
What it indicates? It tells you overall market mood and trend, If you are intraday trader then you should always check this figures. If number if greater than 70% you should go for longs and if it is less than 30% you should go for shorts.
Happy Trading
--Author
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