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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » formula for trending consolidating stocks for 25 to 50 days

formula for trending consolidating stocks for 25 to 50 days Rate this Topic:
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naveendhar2
Posted : Friday, March 12, 2010 12:14:20 PM
Registered User
Joined: 3/12/2010
Posts: 1
 i need aformula for cosolidating /trending stks. for 25 -50 day period,thanx
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Bruce_L
Posted : Friday, March 12, 2010 12:34:56 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 Welcome to the forums. A very good foundation for learning how to use TeleChart can be gained by reviewing the following:

If you are new to TeleChart READ THIS FIRST!

The formula for the example is example Trending/Consolidation (25 day) Personal Criteria Formula that comes with TeleChart when it is first installed is:

(MAXH25 - MINL25) / ((AVGH25 - AVGL25) * 25) * 100

The description of this criteria contained in the Definitions of all built in scanning and sorting criteria topic is:

Trending/Consolidating (25 day) - Compares the average trading range to the trading range over the past 25 days. Lower values reveal consolidation while higher values reveal trending.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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