This is the Multi-Market version of the Dinapoli Thrust Scanner. This indicator is able to scan up to 12 markets in 3 time frames simultaneously. This tool is an aid to the trader and shouldn't be used in automated trading. As any Dinapoli trader would know, the Thrust pattern recognition requires visual approval from the trader. The Thrust Scanner can display...
This is a compact more customizable control panel to display the overall state of Dinapoli related indicators. This indicator displays a matrix containing a customized set of Dinapoli indicator states from Higher Timeframes. It works as a Control Panel to properly monitor multiple layers of the market at an eye glance. It can print the multi time frame state of...
––––History & Credit The Whaley Breadth Trust is a powerful signal that has a great success rate. It was invented by Wayne Whaley in 2009. Since 1970 to 2009, the signal has occured only 12 times! –––––What it does The indicator uses 3 conditions. Condition 1: The Advancing and Declining NYSE stocks Condition 2: The Up and Down volume Condition 3:The...
The NedDavis 3 Day Price Thrust Indicator HISTORY AND CREDITS ––––––––––––––––––––––––––––––––––––––––––––––––––––––– The indicator is inspired by studies from Ned Davis' NDR Institutional Service. I have shared before the backtest of this indicator, and now have coded it for TradingView so that you can have it on your charts. Link to idea here: WHAT IT...
This is a Multi-Timeframe Dinapoli Thrust Scanner that works on the market displayed on screen and searches for Thrusts within this market along Higher Timeframes. This tool is an aid to the trader and shouldn't be used in automated trading. As any Dinapoli trader would know, the Thrust pattern recognition requires visual approval from the trader. The Thrust...
This indicator defines the impact of volume on the volume-weighted moving average, emphasizing trends with greater volume. What determines a security’s value? Price is the agreement to exchange despite the possible disagreement in value. Price is the conviction, emotion, and volition of investors. It is not a constant but is influenced by information, opinions,...
This is a custom indicator that turns my Mass Thrust Indicator into an oscillator which is loosely based on Tushar S. Chande's Market Thrust Oscillator (Stocks & Commodities V. 10:8 (347-350)) Let me know if you would like a custom script or if you want to see me publish any other indicators!
This is a custom indicator of mine that I based loosely on Tushar S. Chande's Market Thrust Indicator (Stocks & Commodities V. 10:8 (347-350)). Buy the stock if the indicator is green and sell when it turns red. Let me know if you would like to see more scripts or if you have custom requests!
This is an PS4 update to the popular Dual Thrust trading algorithm posted by me some time ago (). It has been commonly used in futures, Forex and equity markets. The idea of Dual Thrust is similar to a typical breakout system, however dual thrust uses the historical price to construct update the look back period - theoretically making it more stable in any given...
The Dual Thrust trading algorithm is a famous strategy developed by Michael Chalek. It has been commonly used in futures, forex and equity markets. The idea of Dual Thrust is similar to a typical breakout system, however dual thrust uses the historical price to construct update the look back period - theoretically making it more stable in any given period.
This counts the number of up or down thrusts over the previous N days and creates a total (up thrust - down thrust) to produce the graph. It also optionally will include "run days" as part of the same count. The idea is that it gives you an indication of the strength of the current trend (and can possibly help you spot it reversing ;)) For more on thrust days...