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Registered User Joined: 12/13/2006 Posts: 4
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I have a simple PCF as follows...C < XAVG(C,50)
However when I put up a 50 period exponential average on the chart, a few of the symbols chosen by the easy scan using the above formula are clearly above the average. What am I missing?
I've also tried C<XAVGC50 but still get the same results! The Xavg on the PCF is supposed to be calculated using the "LAST" price as of "TODAY" but the indicator on the chart does not appear to be the same formula used in the PCF???
Thanks ahead for your response.
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Registered User Joined: 12/13/2006 Posts: 4
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Oops!
Sorry, kind of a new user and I just realized I had the bar chart seting on "2 day" as opposed to daily. No wonder things didn't match!
Sorry. Please disregard prior post.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I'm happy to read you were able to resolve the issue on your own. That said, it should be noted that while charted Simple Moving Averages should match the results of a Personal Criteria Formula, different amounts of data can be used for calculating a charted Exponential Moving Average (this can vary based on zoom), and the results of a Personal Criteria Formula will not always match the chart exactly.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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