herbicat |
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Saturday, June 26, 2010 |
Friday, January 9, 2015 11:46:08 AM |
3 [0.00% of all post / 0.00 posts per day] |
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Thanks Bruce, that is great. I will start reading your Min Max PCFs and test this formula soon as we get some volume in this market.
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It is difficult for me to explain because it is really the visual part of technical analysis, but essentially thrust is a price movement where the last 5-8 bars surge with the candle being >3 times preceding candles. Could quantify >3x last 10 bars with the thrust being the last 8 bars successively higher with each 8 bars >3x initial 10 bars in the count.
I will look for some good examples and attach charts,
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I would like to write a formula to calculate thrust in a scan. I would like it to look for a number of periods in price advance say percentage increase of each move. How is that done? is there a guide for template formulas that I can look at?
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