V. 11:3 (146-146): Traders' Tips
Product Description
TRADERS' TIPS
THRUST OSCILLATOR
From "Oex and the Thrust Oscillator" by Stuart Meibuhr: To display the thrust
oscillator (TO) in MetaStock, you must have data on advancing issues, advancing volume, declining
issues and declining volume. First, create a composite security for advancing issues and advancing
volume. You can do this through the file maintenance menu. Select add from the file maintenance menu
and choose composite security. Select advancing issues as the first security and advancing volume as the
second security. Next, name the composite and select multiplication as the operator. Repeat these steps to
create a second composite for declining issues and declining volume. Now, load the composite of
advancing issues * advancing volume and plot the following custom formula:
...
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