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Hi
Brett,
I think their is an
add-on for MetaStock called "Ice" or "Fire" or something like that which
will do it. I am not very familiar with it, but hear it
works.
Compiling breadth
data, however, on more than a few ETFs is more than meets the eye.
First it is very time-consuming. Additionally, although the HOLDRS you
mention is a unit investment trust and does not change constituents (it only
loses them from attrition), most ETFs reflect an index and constituents change
frequently. To stay accurate, you really have to check the sponsor list
daily.
Or you can subscribe
to precompiled historical breadth data at www.masterdata.com. We do all the
dirty work for you and you just download the up to date data automatically from
our website (downloader provided). A plug-in is provided (no
charge) which allows use of the .csv format datafiles directly in MetaStock
with no import or conversion. Data includes the advancing and declining
issues you need for your Advance-Decline Line and all
other traditional breadth statistics plus some new ones. Data starts 1990
or the start date of the index or ETF on 31 major stock indexes and 111 top
volume ETFs.
Hope this
helps. Good luck.
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Can anyone help me with creating Advance Decline Lines for ETFs. For
example, the PPH has the following components:
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