[isatrader]

Thank you for your observation. I do use MA breadth and P&F market breadth signals, but I like to see their signals confirmed by the survey for obvious reasons. I think that together they make a great tool set. 

There is one other market breadth indicator I use that I would like to share here if you agree. I use the same sample as for the Survey but the data set is smaller as I started putting it together almost two years ago. Stock classification is done as per Chuck Dukas's TrendAdvisor Diamond described in his book. Stocks in bullish, accumulation and recovery phase are considered healthy and cumulatively plotted as an oscillator, same as in the Survey. Those in warning, distribution and bearish phases are considered technically unhealthy. I would post the trendadvisor diamond picture from the book here (for other members to get to know more about the phase) but I am not sure if I am allowed to do so (for copyright reasons). Let me know if I can do that and if you are interested in adding this indicator to the forum tools. Best

I would say as it's something that you compile yourself, then I can't see any copyright issues of showing it, as it's your own work. And we can just call it something else to be on the safe side. grbaNT's Trendadvisor Diamond

So I think it would be a great addition to the breadth indicators that we show use on here, as it all adds to the weight of evidence.