
Creating your own custom symbols is one of the best ways to get
ahead in trading. Custom symbols can save you time and can act as
excellent confirmation and market leading signals.
NeoTicker® provides two tools for creating custom symbols -
User Defined Symbol Manager for spread-type analysis and NeoBreadth®
Manager for breadth indicators.
Spread Analysis with User Defined Symbol Manager
User Defined Symbol Manager helps you put together spread analysis
in a neat and clean way. An user defined symbol calculates input
values from two or more regular symbols. You have the choice of
commonly used calculations (spread, ratio, average, weighted index),
as well as custom formula or external program for calculation.
Once defined, user defined symbols are available everywhere in
NeoTicker®. You can use them in charts, quote windows, scanners,
trading systems or even send them through DDE link to Excel. User
defined symbols behave exactly like regular symbols and you can
apply further analysis such as indicator calculations on them.
NeoTicker® keeps track of user defined symbols all the time.
Historical data is generated and saved to disk. So user defined
symbols are always available when you need them.
You can use spread analysis in diverse applications such as comparing
stocks of common sectors (e.g. INTC and AMD), currency spread (US
dollar and Japanese Yen), indices (S&P 500 and NASDAQ 100).
Real-time Breadth Indicators with NeoBreadth® Manager
NeoBreadth® Manager produces custom symbols that calculate
broad market statistics, known as breadth indicators. From a symbol
basket, a breadth indicator applies identical analysis to each individual
symbol and collect statistics. So NeoBreadth® can answer in
real-time, questions such as:
- What is the current advance decline ratio for S&P 500?
- How many stocks are trading above their 5-min 50 period moving
average?
- How many stocks have RSI less than 30 in 30-min resolution?
Compared to using exchange broadcasted breadth indicators such
as Advance Issues, Decline Issues, New Highs and New Lows, NeoBreadth®
gives you the following benefits:
- Real-time update
- Historical data
- Symbol control
- Expandable

Compared to exchange broadcasted breadth indicators which are sparsely
updated, NeoBreadth® is updated in real-time and you have control
over the update frequency. You have absolute speed advantage with
NeoBreadth®.
NeoBreadth® stores breadth indicators to disk as they are generated.
Once defined, breadth indicators are available everywhere in NeoTicker®.
You can use them in charts, quote windows, scanners and trading
systems. With historical data, breadth indicators behave exactly
like regular symbols and you can apply further analysis such as
indicator calculations on them.
Exchange broadcasted breadth indicators only represent symbols
of a particular exchange. NeoBreadth® lets you select your own
symbol basket. With NeoBreadth®, you are not bounded by exchange
and can combine symbols from different exchanges to form your own
basket.
NeoBreadth® comes with well known breadth indicators like Advance
Decline Ratio, McClellan Oscillator, TRIN as well as our proprietary
MovX breadth indicators. All of these breadth indicators can be
customized using NeoTicker® formula language. You can also create
your own breadth indicators with ease.

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