Join Now or Login or connect with

Trading Software Trading objects Features Blog Search

This is a trading object shared by a member. You can use this object as well as hundreds of others with QuantShare - Trading Software.
Click on the Like button or on one of the share buttons to share this object and spread the word about QuantShare.
QuantShare is an advanced trading software for stock, forex, futures, ETF and options markets. It is the best and the most complete EOD trading software software and it is FREE (beta version).

TFS MBO

by Brian Brown, 280 days ago
Share |

The TFS MBO indicator is the last component of Bryan Strain's Tend Following System. Similarly to the MACD oscillator, it calculates the difference between two averages - fast and slow. TFS MBO is consequently an oscillator based on the close price whose variation is used to confirm the market tendency.

This function whose name is 'tfs_mbo', takes as arguments the lengths of the respective periods of the fast and slow averages.

Using this indicator and the two others, the volume oscillator and the tether line, the system rules are as follows:
Yesterday close price is below the tether line
Today's close is above the tether line
The volume oscillator has a positive value
Today's MBO value is greater than yesterday's value

In case all the above rules are met, we should go long. (Buy at market).

Here is the link of the other TFS components:
TFS Tether Line
TFS Volume Oscillator


Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information





Related Trading Objects



Country
Page 1
Historical data for Major World Stock I..
by QuantShare, uploaded one month ago
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 4 Notes Report an item
Major World Stock Indices
by QuantShare, uploaded one month ago


No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 3 Notes Report an item
Crossover/Convergence of Several Tradin..
by QuantShare, uploaded one month ago
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 2 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects
Show All
TFS Tether Line (by Brian Brown, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 3 Notes Report an item
TFS Volume Oscillator (by Brian Brown, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 3 Notes Report an item
Ticker Symbols List of the National Stock Exchange, NSE, India (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 432 Notes Report an item
Simple pattern detection rules using close and open prices (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 47 Notes Report an item
Buy Indicator (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 62 Notes Report an item
The DeMark's DeMarker indicator (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 18 Notes Report an item
Ease of Movement Indicator (by bug man, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 10 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis


Random Objects

432 0 0 - Ticker Symbols List of the National Stock Exchange, NSE, India
  8 0 0 - Insider trading data
 13 0 0 - StockTwits
 21 0 0 - Relative strength index multiple-length
 53 0 0 - ETF Symbols
 58 0 5 - Historical Quotes for Delisted US Stocks
 63 2 5 - US delisted symbols
 26 0 0 - China stock market
  5 0 0 - Advance/Decline NYSE, Amex and NASDAQ issues
 21 0 0 - High to low stock pattern for the close price
More trading objects...


Recent Posts

How to create market indicators using the composite function - Part 3
Posted 2 days ago

How to create market indicators using the composite function - Part 2
Posted 9 days ago

Create a Pivot Table that displays the Relative Strength Index - RSI
Posted 23 days ago

6 Stock Trading Items Related to the New York Stock Exchange - NYSE
Posted 30 days ago

Pivot Tables in QuantShare Trading Software
Posted 43 days ago

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object


contactus
About | Trading Forum | Trading Software Manual
Copyright © 2010 QUANTSHARE.COM