Thrust Oscillator. I need some help......

[peakskier]

I got the code from Stock and Commodities Magazine and I need help getting it to work. Here is the code as they have it:

}

var EMA_1 = 0.0;

function main(Length)
{
if(Length == null)
Length = 22
var K = 2 / (Length + 1);
var TO = 0;
var EMA = 0;
if( getValue("close","$adv") * getValue("volume","$ADV") +
getValue("close","$DECL") * getValue("volume","$DECL")!=0)
TO = (getValue("close","$ADV") *
getValue("volume","$ADV") - getValue("close","$DECL") *
getValue("volume","DECL")) / (getValue("close","$ADV") *
getValue("volume","$ADV") + getValue("close","DECL") *
getValue("volume","$DECL"));
EMA = K * TO +(1-K) * EMA_1;
if (getBarState() ==BARSTATE_NEWBAR)
EMA_1 = EMA;


return new Array(TO,EMA);
}

I have no prgramming experience so I don't know where to start. If someone could get this thing to work that would be great. Many thanks in advance.

Dave

[eSignal_JasonK]

The recent S&C edition for July did not publish the entire formula. Please find the completed formula below as developed by TS Support.

/***************************************************
Description    : This Indicator plots the THRUST OSCILLATOR
Provided By    : TS Support, LLC for eSignal
***************************************************/


function preMain()
{
    setStudyTitle("TO");
    setCursorLabelName("TO",0);
    setCursorLabelName("MA",1);
    setDefaultBarFgColor(Color.red,0);
    setDefaultBarFgColor(Color.blue,1);
}

var EMA_1 = 0.0;

function main(Length)
{
    if (Length == null)
        Length = 22;
    var K = 2 / (Length + 1);
    var TO = 0;
    var EMA = 0;
    if( getValue("close","$ADV") * getValue("volume","$ADV") + getValue("close","$DECL") * getValue("volume","$DECL") != 0)
        TO = (getValue("close","$ADV") * getValue("volume","$ADV") - getValue("close","$DECL") * getValue("volume","$DECL")) / (getValue("close","$ADV") * getValue("volume","$ADV") + getValue("close","$DECL") * getValue("volume","$DECL"));
    EMA = K * TO  + (1 - K) * EMA_1;
    if (getBarState() == BARSTATE_NEWBAR)
        EMA_1 = EMA;
    
    return new Array(TO,EMA);
} 

[peakskier]

Thanks Jason! I loaded the.......

Jason,

I loaded the attachment and tried it out but the study did not work. Is there something that I need to change on this end? Thanks for your help!!

Dave

[eSignal_JasonK]

Hello Dave,

Are you using an intra-day interval?

[peakskier]

Thanks Jaosn, I got it too work Intra day. Is it possible to use it with a daily interval?

[eSignal_JasonK]

Doesn't look like it. getValue("volume","$ADV") returns 0 on a daily interval, which causes the formula to flat line. There's no daily data on volume for $ADV.