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Registered User
Joined: 8/11/2005
Posts: 18
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Hi, Is there a way I can program the following indicators:
1. Indicator 1= VOLUME:today * ( ClOSE:today - CLOSE:yesterday )
2. Indicator 2 = HIGH:today - EMA:today ( use EMA of 13 days )
3. Indicator 3 = LOW:today - EMA:today
Thank you for your help
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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#1 is the formula for On Balance Volume (assuming you would want this as a cumulative indicator). You can add this to any chart and don't need to create a custom indicator.
Here are the formulas for your all three indicators (if #1 is not to be a cumulative indicator):
(C-C1)*V
H-XAVGC13
L-XAVGC13
I would check the ZERO LINE option for each of these.
Here is a video on how to create a custom indicator:
Plotting Custom Indicators with Examples
Here are some formula examples. Hopefully you noticed how easy the language is:
Handy PCF example formulas to help you learn the syntax of PCFs!
- Craig
Here to Help!
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Registered User
Joined: 1/1/2005
Posts: 2,645
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QUOTE (Craig_S) #1 is the formula for On Balance Volume (assuming you would want this as a cumulative indicator). You can add this to any chart and don't need to create a custom indicator.
Here are the formulas for your all three indicators (if #1 is not to be a cumulative indicator):
(C-C1)*V
Craig,
The increment for OBV is:
V*SGN(C0-C1)
Elder's Force Index is:
V*(C0-C1)
Thanks,
Jim Murphy
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Yep... you are correct. Mix up in the mind.
- Craig
Here to Help!
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Registered User
Joined: 8/11/2005
Posts: 18
|
Here are the formulas for your all three indicators (if #1 is not to be a cumulative indicator):
(C-C1)*V
H-XAVG13
L-XAVG13
I would check the ZERO LINE option for each of these.
Thank you for your help. For the force index, I had successfully plotted it.
For H-XAVG13 AND L-XAVG13, I got the message "Formula error: missing argument".
Kindly help.
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Registered User
Joined: 8/11/2005
Posts: 18
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QUOTE (zpring) Here are the formulas for your all three indicators (if #1 is not to be a cumulative indicator):
(C-C1)*V
H-XAVG13
L-XAVG13
I would check the ZERO LINE option for each of these.
Thank you for your help. For the force index, I had successfully plotted it.
For H-XAVG13 AND L-XAVG13, I got the message "Formula error: missing argument".
Kindly help.
I think I got it. The formula should be H-xaggc13. The C is missing.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Yep. I fixed them above. Sorry about that.
- Craig
Here to Help!
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Registered User
Joined: 8/11/2005
Posts: 18
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QUOTE (Craig_S) Yep. I fixed them above. Sorry about that.
Thank you. May I ask another question.
Do you have the formula for ATR - average true range?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Here is a post to check out:
AVERAGE TRUE RANGE PCF
- Craig
Here to Help!
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