Breadth Thrust

BreadthThrust.efs  
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File Name: BreadthThrust.efs

Description:
Breadth Thrust

Formula Parameters:

• Exchange : NYSE
• Length : 10

Notes:

Download File:
BreadthThrust.efs


EFS Code:

/*********************************
Provided By:  
    eSignal (Copyright c eSignal), a division of Interactive Data 
    Corporation. 2009. All rights reserved. This sample eSignal 
    Formula Script (EFS) is for educational purposes only and may be 
    modified and saved under a new file name.  eSignal is not responsible
    for the functionality once modified.  eSignal reserves the right 
    to modify and overwrite this EFS file with each new release.

Description:        
    Breadth Thrust
    
Version:            1.0  07/06/2009
    
Formula Parameters:                     Default:
    Exchange                            NYSE
    Length                              10

Notes:

**********************************/
var fpArray = new Array();
var bInit = false;

function preMain(){
    setPriceStudy(false);
    setStudyTitle("Breadth Thrust");
    setCursorLabelName("Thrust");    
    var x=0;
    fpArray[x] = new FunctionParameter("sExchange", FunctionParameter.STRING);
	with(fpArray[x++]){
        setName("Exchange");
        addOption("NYSE"); 
        addOption("NASDAQ");         
        setDefault("NYSE");
    }
    fpArray[x] = new FunctionParameter("Length", FunctionParameter.NUMBER);
	with(fpArray[x++]){
        setLowerLimit(1);		
        setDefault(10);
    }
}

var xBreadthThrust = null;

function main(sExchange, Length){
var nBarState = getBarState();
    if (nBarState == BARSTATE_ALLBARS) {
        if (sExchange == null) sExchange = "NYSE";
        if (Length == null) Length = 10;
    }
    if(!bInit){
        xBreadthThrust = sma(Length, efsInternal("Calc_Thrust", sExchange));
    }
    return xBreadthThrust.getValue(0);
}

var xAdvance = null;
var xDecline = null;

function Calc_Thrust(_exchange){
    if(getBarState() == BARSTATE_ALLBARS){
        if(_exchange == "NYSE"){
            xAdvance = close(sym("$ADV"));
            xDecline = close(sym("$DECL"));
        }else if(_exchange == "NASDAQ"){
            xAdvance = close(sym("$ADVQ"));
            xDecline = close(sym("$DECLQ"));
        }
    }
    if(xAdvance.getValue(0) == null || xDecline.getValue(0) == null) return;
    if((xAdvance.getValue(0) != 0 && xAdvance.getValue(0)+xDecline.getValue(0)) != 0)
        var Thrust = xAdvance.getValue(0) / (xAdvance.getValue(0)+xDecline.getValue(0));
    return Thrust;
}