Breadth Data (Bloomberg Datafeed Only)
The Breadth Data tool requires an Enterprise Services subscription with access to a Bloomberg Professional terminal. The data will automatically be displayed when applied to a chart of an index (eg S&P500, Russell 3000, or FTSE 100, etc). When applied to an equity the breadth data for the parent index is used automatically. For example, a US equity will display the S&P500 Index data, and a UK equity will use the FTSE 100 measure.
The following Breadth values are available from the tool's properties:
- Advance / Decline Daily
- Advance / Decline Weekly
- ARMS Daily
- ARMS Weekly
- Above 10 Day Moving Average
- Above 50 Day Moving Average
- Above 200 Day Moving Average
The Custom option allows you to select other Bloomberg measures using the ID code (found in the FLDS screen on Bloomberg), eg IN006 for Advance Volumes, or IX108 for the percentage of new 52 week highs. To rename the custom label rename the Tool Name property:
To add the Breadth indicator to your chart, select the tool from the Data tool group, and left-click on the chart to add the tool. Optuma will then draw the Breadth indicator in a window below the chart using the default settings.
Actions & Properties
Add to Toolbar: Click this action to add the selected Forecast indicator to your custom toolbar.
Apply Settings to All: When multiple Forecast indicators have been applied to a chart, page or workbook, this action can be used to apply the settings of the one selected to other instances of the tool. This is a great time saver if an adjustment is made to the tool - such as line colour- as this allows all the other Forecast indicator in the chart, page or entire workbook to be updated instantly.
Copy Data to Clipboard: Will copy the tool's values to the clipboard which can then be inserted into a spreadsheet, for example, allowing for further analysis.
Copy Tool: Allows you to copy the selected Forecast indicator, which can then be pasted onto a different chart window.
Move to Back: If the tool is displaying in front of other tools or indicators clicking this action will move the lines view to the background.
Move to Front: If the tool is displaying behind other tools or indicators on the chart, clicking this action will bring the lines to the forefront.
Restore Default Settings: Click this action if you have adjusted the default settings of the Forecast indicator, and wish to return to the standard properties originally installed with Optuma.
Save Settings as Default: If you have adjusted any of the Forecast indicator Properties (colour, for example) you can save the adjustments as your new default setting. Each time you apply a new Forecast indicator to a chart, the tool will display using the new settings.
Delete: Delete the Forecast indicator from the chart.
Tool Name: Allows you to adjust the name of the tool, as it's displayed in the Structures Panel.
Breadth Type: Allows you to select which breadth values are displayed. The options are - Custom, Advance / Decline Daily, Advance / Decline Weekly, ARMS Daily, ARMS Weekly, Above 10 Day Moving Average, Above 50 Day Moving Average, Above 200 Day Moving Average
Plot Style: Expands to display options to adjust the view style of the indicator (Colour, Line type, etc).
Offset: Allows you to move the indicator line forwards / backwards.
Tool Transparency: Use this slider bar to adjust the transparency of the tool. Moving the slider to the left will increase the transparency of the tool.
Visible: Un-tick this checkbox to hide the tool from the chart.
Show In Price Scale: When selected the current Breadth indicator value will be displayed in the Price Scale.