Thrust Oscillator (TASC July 2003)

To implement David Hawkins’ thrust oscillator and confirming trend indicators in NeuroShell Trader, select “New Indicator…” from the Insert menu and use the Indicator Wizard to create each of the following indicators:

Thrust oscillator:
Divide(Subtract(Mult(AI, AV), Mult(DI, DV)), Add2(Mult(AI, AV), Mult(DI, DV)))

22-day EMA of thrust oscillator:
ExpMovAvg(THRUST OSCILLATOR, 22)

35-day EMA of Arm’s ease of movement:
ExpMovAvg(ArmsEaseMovement(High, Low, Volume, 5), 35)

50-day EMA:
ExpMovAvg(Close, 50)

File Download

tip0703thrust.exe

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