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Profile: herbicat
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User Name: herbicat
Groups: Gold User, Member, TeleChart
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Joined: Saturday, June 26, 2010
Last Visit: Friday, January 9, 2015 11:46:08 AM
Number of Posts: 3
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Last 10 Posts
Topic: Thrust Formula
Posted: Wednesday, February 15, 2012 12:08:17 PM
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.
Topic: Thrust Formula
Posted: Thursday, February 9, 2012 12:58:37 PM

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,

Topic: Thrust Formula
Posted: Tuesday, January 31, 2012 7:59:33 PM

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?