This is a simple Breadth Indicator for the OMXS30 index. It shows how many percentage of the stocks in the index that are above a specified simple moving average (the default value is 200, can be changed in the settings for the indicator).
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Update to correspond with latest symbols in the index. Upgrade to Pine Script Version 5.
Hi thank you for this useful tool. I'm searching for an RS rating indicator too for OMX30 , do you know if there is such indicator available?
modhelius
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@mithradate, Don't fully know what you mean with an RS rating indicator, but I have published this before: tradingview.com/script/A4WyMCKM-Relative-Strength/ In the settings you can set OMX30 if you want to compare a symbols RS with that index.