Registered User
Joined: 12/1/2004
Posts: 2
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I notice that when I look at the tsv18 line on a 1 day chart of DRYS, updated through 5/11, it shows a value a bit below -2800.
Yet if I calculate the same thing with a PCF as (tsv+tsv1+tsv2+....+tsv17)/18, I get -1468.11. Can you explain this difference?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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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!
Your PCF is adding together Simple TSVs of Periods 1 through 17 instead of adding together 18 different Bars Ago versions of a 1-Period TSV. The Personal Criteria Formula is either:
TSV18
Or:
(TSV + TSV1.1 + TSV1.2 + TSV1.3 + TSV1.4 + TSV1.5 + TSV1.6 + TSV1.7 + TSV1.8 + TSV1.9 + TSV1.10 + TSV1.11 + TSV1.12 + TSV1.13 + TSV1.14 + TSV1.15 + TSV1.16 + TSV1.17) / 18
You may wish to review the following:
PCF Formula Descriptions
How to create a Personal Criteria Forumula (PCF)
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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 Gold Customer
Joined: 9/7/2012
Posts: 34
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There is an error related to TSV.
Consider the following condition formula:
TSV36 > 0
Add this condition as an indicator.
Now look at the daily chart of SQM, on Sept. 12, 2013. TSV is positive, the indicator is FALSE. This experiment works fine with MS, Volume, price, etc. There is an error related to TSV, and this is creating problems with my scans, which are producing incorrect results.
Perhaps I am doing something wrong?
Thanks.
Gordon
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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If your charted 36-period TSV is above zero for SQM on a daily chart on September 12, 2013, then you are charting a 36-period exponential TSV. The formula given is for a 36-period simple TSV. A Condition Formula which would match your charted TSV would be:
XAVG(TSV,36) > 0
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Gold Customer
Joined: 9/7/2012
Posts: 34
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Ok, I get it.
So what I really need is:
xavg(xavg(tsv,36))
I guess there is no way of getting this without creating a real long formula?
Gordon
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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If the periods of both exponential moving averages are 36, then it will require a really long formula, but if the periods are different, we can create a much shorter formula.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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