1% EMA of Advance-Decline Ratio - What does this mean

!1EMASPX SPX 1% EMA of Advance-Decline Ratio
I understand EMA's of pricing, but I have no idea of what the - 1% EMA of Advance-Decline Ratio - might actually be measuring.

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  • Thanks, I searched for !1EMASPX and didn't find the article. How did you find it?
  • Actually I searched for the indicator name rather than the symbol.

    SPX 1% EMA of Advance-Decline Ratio