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 Test values for PCF are ok but strange results when plotting to chart Rate this Topic:
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llilakos
 Posted : Saturday, May 20, 2006 7:57:52 AM
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Joined: 2/28/2006
Posts: 2
I created a PCF that gives a result very close to a moving average. When I test the formula, I get a result that makes sense. When I add the PCF as a custom indicator to a chart, however, the resulting line shows points not attainable by the formula. I'm plotting the line in the top with the plot to price option set. The formula I use is:
((V9 * C9) + (V8 * C8) + (V7 * C7) + (V6 * C6) + (V5 * C5) + (V4 * C4) + (V3 * C3) + (V2 * C2) + (V1 * C1) + (V * C))/ (V + V1 + V2 + V3 + V4 + V5 + V6 + V7 + V8 + V9)

How can I get the formula to plot properly?
Bruce_L
 Posted : Saturday, May 20, 2006 9:47:51 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138
When I plot your formula as a Custom Indicator with Plot using price scale checked and a Smoothing Average of 1, the resulting plot seems quite reasonable (and I've hand checked some of the results versus the pointer Data Box as well). Please provide some example symbols where the Custom Indicator does not appear to be working correctly so we can investigate the issue further. You may wish to review the following:

Plotting Custom Indicators with Examples

-Bruce
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llilakos
 Posted : Saturday, May 20, 2006 11:03:47 AM
Registered User
Joined: 2/28/2006
Posts: 2
How can I send you a screen shot of what I am referring to? A friend of mine said he was able to plot it correctly and after playing with the A L T M L letters that show up on the chart, I can finally get it to display as expected but I'm not sure why. What do the five letters to the bottom right of the top chart mean? They are not always present.
Doug_H
 Posted : Saturday, May 20, 2006 12:02:56 PM

Worden Trainer

Joined: 10/1/2004
Posts: 4,308
A = Arithmetic (Same dollar difference between grid lines)
L = Logarithmic (Same percentage difference between grid lines)

T,M,and L are custom scaling options:

T = Tight
M = Medium
L = Loose

- Doug
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