Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Scan for TSV and CMF changing direction Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
philesg
Posted : Friday, May 11, 2018 2:17:05 AM
Registered User
Joined: 10/7/2004
Posts: 5

Hello,

Im loooking at daily individual histogram values of Chaikin Money Flow 21 and TSV 21. It seems like for each CMF bar, the  values range from a negative decimal number to a positive decimal number. (e.g. from -0.21 to +0.25 or more.

For TSV 21, it ranges from a negative whole number to a positive whole number (e.g -200K to 959K), or more.

Is there a pre-built scan or PCF which can tell me if the TSV21 or CMF21 is turning positive (from a previous x bars of being negative) or turning negative from previous x bars of being  positive?

Your help is much appreciated.

Thanks.

 

Phil

 

Bruce_L
Posted : Friday, May 11, 2018 10:02:53 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

The easist way I know of to create a condition for changing direction is to add a 2 period exponential moving average. Then you can create a condition for the indicator going from down to up (crossing up the moving average) or going from up to down (crossing down the moving average).

If you are just interested in crossing up or down through zero, those conditions can be create by clicking on the chart and selecting Create Condition... and then choosing Crossing Up Value or Crossing Down Value.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.