VOLD-MarketBreadth-Ratio

This script provides NASDAQ and NYSE Up Volume ( volume in rising stocks) and Down Volume ( volume in falling stocks) ratio. Up Volume is higher than Down Volume , then you would see green label with ratio e.g 3.5:1. This means Up Volume is 3.5 times higher than Down Volume - Positive Market Breadth . If Down Volume is higher than Up Volume , then you would see red label with ratio e.g -4.5:1. This means Down Volume is 4.5 times higher than Up Volume .

For example, ratio is 1:1, then it is considered Market Breadth is Neutral.

PS: Currently TradingView provides only NASDAQ Composite Market volume data. I have requested them to provide Primary NASDAQ volume data. If they respond with new ticket for primary NQ data, I will update the script and publish the updated version. So if you have got similar table on ToS , you would see minor difference in NQ ratio.