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Has anyone figured out how to make use of Brett Steenbarger’s power measure?

Brett Steenbarger published an indicator that he calls the Power Measure. It shows the correlation between price change and volatility. Has anyone discovered a good way of using it …
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Is there an example of a Dow Jones Industrials percent advancing indicator for StrategyDesk?

I'd like to look at the percentage of advancing stocks in the Dow Jones Industrials using TD Ameritrade's StrategyDesk.