Width Thrust indicator

Width Thrust
Width Thrust indicator is a market momentum indicator developed by Dr. Martin Zweig. Width Thrust is calculated by taking the 10-day exponential moving average of advancing issues divided by the promotion plus declining issues.
According to Dr. Zweig breadth Thrust occurs when, during a 10-day period, the breadth Thrust indicator rises from below 40 per cent to over 61.5 per cent. A "Thrust" indicates that the stock market is rapidly changing from an oversold condition of the force, but have not yet become overbought.
Dr. Zweig also points out that there were only 14 Width thrusts of 1945. The average gain next 14 hands was 24.6 percent on average within 11 months. Dr. Zweig also points out that most bull markets begin with a stroke width.
To plot the market breadth in MetaStock ™ for Windows, you should:
• Create a composite security improvement Q + Declining issues Downloader ™.
• In MetaStock open the composite pattern and the pattern of improvement questions.
• Schedule the charts, so you can see both of them on the screen.
• Drag the plot of the Composite pattern in advancing the issues.
• Create a custom indicator: MOV (C / P, 10 E), then the plot on top of the composite plot (plot of the composite would turn purple in color). If you get a flat line, then it is not drawing directly on top of the plot is a composite.
• You can then right click the breadth Thrust, Thrust width select Properties, go to page horizontal lines and add horizontal lines 40 and 60th
To plot it in MetaStock for DOS:
• Create a composite security improvement Q + Declining issues.
• Open the composite scheme and plot their own color "C" of the complex.
• Press Ctrl and select Save B Indicator Buffer
• Open the table in advancing issues
• Press Ctrl B and select Restore from the indicator buffer
• Create a custom indicator: MOV (C / P, 10, E) and plot