Hughes Breadth Index

The Hughes Breadth Index can be described as a more sensitive version of the Breadth Advance/Decline. Values above 0.25 indicate possible future bullish trends and values below -0.22 tend to indicate future bearish trends.

Syntax:

Public Function HughesBreadthIndex(ByVal HLOCV()() As Double) As Double

Parameters:

  • ByVal HLOCV()() As Double

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Example:

 

    Dim TA4Net As New TA4Net.CTAFunctions("YOUR-REGISTRATION-CODE")

    Dim Result() As Double

    Dim HLOCV(,) As Double

 

    ' loading values to array

    HLOCV = GetHLOCVValues()

    ' calculating Technical Analysis function

    Result = TA4Net.HughesBreadthIndex(HLOCV)

 

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