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Market Breadth Toolkit

By LuxAlgoMay 14, 2025

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Market Breadth Toolkit reads the market's pulse from advance/decline internals: how many of an exchange's issues rose versus fell, and with how much volume behind them. Six thrust measures, each computable on NYSE or NASDAQ data, add up to twelve distinct market perspectives, with divergence detection active out of the box and fixed signal levels you are free to reshape.

How to Trade the Market Breadth Toolkit?

  • Wait for the thrust: a breadth thrust is a large impulse in participation, often marking the beginning of a bullish trend.
  • Deemer Breakaway Momentum: signals when the advancing/declining ratio exceeds 1.97 on 10-day averages or 1.72 on 20-day averages.
  • Zweig measures: Breadth Thrust divides advancing issues by advancing plus declining; Market Thrust multiplies net advances by volume for a participation-weighted impulse.
  • Whaley thrusts: Advance Decline Thrust and Up/Down Volume Thrust trigger when readings reach extremes.
  • Divergences: when price presses on while breadth fades, the toolkit marks the disagreement, a sign participation may be thinning.

The default preset, Zweig's Breadth Thrust with divergences enabled, is a ready-made starting point for monitoring market shifts.

Market Breadth Toolkit Settings

  • Breadth Options: selects one of the six breadth thrust measurement methods.
  • Data Selection: toggles between NYSE and NASDAQ data.
  • Divergences: enables or disables detection and exposes its configuration.
  • Fixed Levels Usage and Thresholds: toggle fixed levels, set top and bottom values, and choose a Levels Style (dashed, dotted, or solid).
  • Breadth Colors and Divergence Colors adapt the styling.

Frequently Asked Questions

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