No. of Recommendations: 1
The signal we're talking about looks at new highs and new lows among all Nasdaq listed stocks, as of the latest market day. I have to say that I am confused. My understanding, for all of these years, is exactly as you said.
However, if I look at the GTR1 code, I can't see where the Nasdaq is specified:
lf-1lp-1h1::iflt(linear(1,ord(1),-1,date2ord(19731217)),0,3,excd.a)et3:styp.a:et10!11!18!48:dspo(1)al252:rank(class.a,permco.a,step3)et1:NHNLDiff:et-999999:StockCount:sum(1,1,step4):PcntNHC252:linear(100,ratio(sum(ifgt(ratio(gprc(1),hgprc(2,251)),1,1,0),1,step4),StockCount)):PcntNLC252:linear(100,ratio(sum(iflt(ratio(gprc(1),lgprc(2,251)),1,1,0),1,step4),StockCount)):PcntNHC252WMA9:ratio(sgwsum(PcntNHC252,0,9,8,7,6,5,4,3,2,1),sgwsum(linear(1,1),0,9,8,7,6,5,4,3,2,1)):PcntNLC252WMA9:ratio(sgwsum(PcntNLC252,0,9,8,7,6,5,4,3,2,1),sgwsum(linear(1,1),0,9,8,7,6,5,4,3,2,1)):NHNLDiff:linear(1,PcntNHC252WMA9,-1,PcntNLC252WMA9)
Further, in that post I linked to earlier
https://yorickm.com/Message.php?pid=34281772, Robbie seems to say he is using FTSE/Russell eligible stocks.
That would be different than Nasdaq stocks.
Mark
