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.
WHAT IT DOES–––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– Thrust indicator gave a BUY signal with NYSE advancing stocks leading declining stocks by better than 1.91 to 1 over the last 10 trading sessions and a SELL signal when the ratio is less than 0.5
HOW TO USE IT––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– I use the indicator as a gauge tool, in other words it is a piece of the puzzle to justify bullish or bearish trades. I put this type of analysis in my secondary tools that give me additional confidence for market direction and aggressiveness in my trading
發布通知
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- TradingView was getting confused between the Advancing stocks and ticker symbol ADV Advancing Solutions. I fix it.
hi , sorry what is the small time frame that i can use to trade ?? 5 min ? or 1 hour + or only daily ? thank you
TintinTrading
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@TORNADOF5, you can trade anytime. It depends on your methodology and style. For MY style i use Daily timeframe. I would suggest you watch one of my youtube videos. I will DM you link.