OPEN-SOURCE SCRIPT
Updated

Mass Thrust Indicator

4 275
This is a custom indicator of mine that I based loosely on Tushar S. Chande's Market Thrust Indicator (Stocks & Commodities V. 10:8 (347-350)). Buy the stock if the indicator is green and sell when it turns red.

Let me know if you would like to see more scripts or if you have custom requests!
Release Notes
updated to make it consistent with my other indicators
Release Notes
fixed a mistake with not using the right inputs
Release Notes
fixed issue with default resolution

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.