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T.Chande Market Thrust and Thrust oscillator
Hi,
I don't know how to write efs code. Could anyone be so kind to
help me with these indicators?
Tushar Chande Market Thrust and Thrust oscillator are very similar to the Arms Index (Trin) since it uses the same variables but with a slight modification.
AI= Advancing Issues
AV= Advancing Volume
DI= Declining Issues
DV= Declining Volume
Market Thrust MT= (AI*AV - DI*DV)/1,000,000
Thrust Oscillator TO= ((AI*AV - DI*DV)/(AI*AV + DI*DV))*100
I would like the flexibility to plot them both, as an indicator on separate panes in a chart under a price plot and also by themselves in a chart, sort of when when you type $TRIN.
I would appreciate your help.
Thanks
Alex
I don't know how to write efs code. Could anyone be so kind to
help me with these indicators?
Tushar Chande Market Thrust and Thrust oscillator are very similar to the Arms Index (Trin) since it uses the same variables but with a slight modification.
AI= Advancing Issues
AV= Advancing Volume
DI= Declining Issues
DV= Declining Volume
Market Thrust MT= (AI*AV - DI*DV)/1,000,000
Thrust Oscillator TO= ((AI*AV - DI*DV)/(AI*AV + DI*DV))*100
I would like the flexibility to plot them both, as an indicator on separate panes in a chart under a price plot and also by themselves in a chart, sort of when when you type $TRIN.
I would appreciate your help.
Thanks
Alex