Dinapoli Thrust Scanner

This is a Multi-Timeframe Dinapoli Thrust Scanner that works on the market displayed on screen and searches for Thrusts within this market along Higher Timeframes.

This tool is an aid to the trader and shouldn't be used in automated trading. As any Dinapoli trader would know, the Thrust pattern recognition requires visual approval from the trader.

The Thrust Scanner can display the following information onscreen:

• A Multi-Timeframe Table that colors to indicate Recent/Current Thrusts. Green color signals a potential Up Thrusts, whilst red color signals a potential Down Thrust.
  
• The DMA line that helps you trade the Thrusts according to Bread'n Butter or Double Repo patterns.
  
• Candle Labels that point the Thrusts being detected directly on the chart.
  

The Thrust Scanner has a Sensitivity Control which allows the trader to customize the accuracy of the scanner://

• The stricter the setting, the lesser the number of potential Thrust that qualify, and therefore the more accurate the Thrust detection.
  
• The looser the setting, the more number of potential Thrust being detected, but also the more Look Alikes (LaL) or false positives there will be.
  

Note: The scanner is resource hungry, and sometimes it might need some seconds to fully display the data.

Versionsinformation:

• Added the ability to monitor yearly (12M) timeframe.
  
• Timeframes display can be rendered in Ascending or Descending sorting.
  

Versionsinformation:

Fixed sorting mechanism

Versionsinformation:

• New Feature: Signalling of the DMA crosses (1st cross, 2nd cross and 3rd cross) after the thrust has peaked.
  
• New Feature: Each DMA cross within the thrust scope highlights a custom color state in the multi time frame table.
  
• New Parameter: Customizable number of bars for the Thrust to be actively signalling after having peaked.
  
• New Parameter: Customizable minimum percentage of Higher Highs or Lower Lows to qualify for a Thrust.