Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=33541
Forum: 17 · Topic 33541 · 4 post(s)
Apprentice · Tue Mar 19, 2013 1:38 pm

As described in the article, Market Thrust by Tushar S. Chande. MT= ((AIAV)- (DIDV))/Scaling
AI = # Advancing issues AV = Advancing volume DI = # Declining issues DV = Declining volume
The indicator was revised and updated
Apprentice · Tue Mar 19, 2013 1:44 pm

MO = (AIAV-DIDV)/ (AIAV+DIDV)
Apprentice · Sat Apr 06, 2013 7:54 am

MT-line is thecumulative value of market thrust and provides the equivalent of a volume-based advance-decline line. MARKET TRUST LINE = MARKET THRUST[-1] +MARKET THRUST
Apprentice · Wed May 10, 2017 5:23 am
Indicator was revised and updated.