Category: Breadth · Complexity: ★★☆☆☆ (2/5)
Tags: breadth, study-card, price
Study card — educational illustration only (no live overlay in Charts).
Formula
Advance-Decline Ratio is computed from price, volume, breadth, or macro prints depending on class (Breadth). See the description for the defining inputs.
How to read
Read Advance-Decline Ratio as a labeling tool: it describes a condition (trend, stretch, participation, or macro). Confirm with price structure, not the indicator alone. This entry is a study card — not every encyclopedia model has a live chart overlay.
Limitations
Advance-Decline Ratio can lag, repaint (some drawings), or stay extreme in trends. It is not financial advice and not a broker signal.
Typical settings
Use the author's original defaults first; change one parameter at a time.
Advance-Decline Ratio is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.