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PCF for Ron Black's TASC September 2010 "The Clear Method" Rate this Topic:
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dnhoward
Posted : Monday, August 30, 2010 8:54:48 PM
Registered User
Joined: 1/5/2007
Posts: 21
I am intrigued by Ron Black's article and would like to know if the code is possible in whatever form in Tc 2000.  The code is follows from the magazine in EasyLanguage:

hH = H;
lL = L;
lH = H;
hL = L;
upsw = 0;
swLine = 0;

if upsw = 1 then 
     if H > hH then hH = H
     if L > hL then hL = L
     if H < hL then  { swing changes to down}
          upsw = 0;
          IL = L;
          IH = H;
     end
end

if upsw = 0 then
     if L < IL then IL = L;
     if H < IH then IH = H;
     if L > IH then  {swing changes to the up}
          upsw = 1;
          hH = H;
          hL = L;
     end
end

if upsw = 1 then plot1 (hL, "SwLine", cyan);
if upsw = 0 then plot1 (IH, "SwLine", magenta);

This is out of my league for PCF writing I have found, so I ask if any trainers or other bright PCF writers out there can help.  I'm thinking of it as a possible %true indicator as I know TC can't paint individual bars from user PCFs.  This looks like an alwals in indicator which switches from long to short and back, fwiw.  Thanks in advance for your thoughts and support.

dnhoward
wwrightjuly4
Posted : Tuesday, August 31, 2010 1:02:09 AM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954

stockfinder 5 

_Indicator_

'|******************************************************************
'|*** StockFinder RealCode Indicator - Version 5.0 www.worden.com
'|*** Copy and paste this header and code into StockFinder *********
'|*** Indicator:Clear Method
'|*** Example: plot = price.close - price.close(1)
'|******************************************************************


Dim hH As Double
Dim IL As Double
Dim IH As Double
Dim hL As Double
Dim upsw As Integer
Dim swLine As Integer
  
 
hH = price.High
IL = price.low
IH = price.high
hL = price.Low
upsw = 0
swLine = 0

If ( upsw = 1 ) Then
 If price.high > hH Then hH = price.High
 If price.low > hL Then hL = price.Low
 If price.High Then
  upsw = 0
  IL = price.Low
  IH = price.High
 End If
End If

If upsw = 0 Then
 If price.low < IL Then
  IL = price.low
 End If
 If price.high < IH Then
  IH = price.high
 End If
 If price.low > IH Then
  upsw = 1
  hH = price.high
  hL = price.low
 End If
End If

If upsw = 1 Then plot = hL
If upsw = 0 Then plot = IH

------------- tc 2000 ---------------  
not sure yet.

wwrightjuly4
Posted : Tuesday, August 31, 2010 9:33:36 AM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954

Think these are better:   Mine has errors.

   http://forums.worden.com/default.aspx?g=posts&t=48747&find=unread
   http://forums.worden.com/default.aspx?g=posts&t=48749&find=unread

Of coarse none answer the TC200x question.  Still pondering that one.
Bruce_L
Posted : Tuesday, August 31, 2010 9:38:40 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
I cannot think of a way to create a Personal Criteria Formula for this that would be short enough to be practical in TeleChart.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
dnhoward
Posted : Saturday, September 18, 2010 6:02:53 PM
Registered User
Joined: 1/5/2007
Posts: 21

I've moved on to use stockfinder, to new to it.  How can I get My Paint Scheme which holds The Clear Method, that has realcode in it, to be a condition for my watchlist??   Thanks!

Bruce_L
Posted : Monday, September 20, 2010 9:08:24 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
A RealCode Condition that should Pass when the Color Scheme changes from Red to Green could be written as:

'|*****************************************************************|
'|*** StockFinder RealCode Condition - Version 5.0 www.worden.com
'|*** Copy and paste this header and code into StockFinder *********
'|*** Condition:Clear Red to Green
'|******************************************************************
Static Swing As Integer
Static HighestLow As Single
Static LowestHigh As Single
If isFirstBar Then
    Swing = 0
    HighestLow = Price.Low
    LowestHigh = Price.High
End If
HighestLow = System.Math.Max(HighestLow, Price.Low)
LowestHigh = System.Math.Min(LowestHigh, Price.High)
If Price.Low > LowestHigh Then
    If Swing = -1 Then
        Pass
    End If
    Swing = 1
    HighestLow = Price.Low
    LowestHigh = Price.High
Else If Price.High < HighestLow Then
    Swing = -1
    HighestLow = Price.Low
    LowestHigh = Price.High
End If

A RealCode Condition that should Pass when the Color Scheme changes from Green to Red could be written as:

'|*****************************************************************|
'|*** StockFinder RealCode Condition - Version 5.0 www.worden.com
'|*** Copy and paste this header and code into StockFinder *********
'|*** Condition:Clear Green to Red
'|******************************************************************
Static Swing As Integer
Static HighestLow As Single
Static LowestHigh As Single
If isFirstBar Then
    Swing = 0
    HighestLow = Price.Low
    LowestHigh = Price.High
End If
HighestLow = System.Math.Max(HighestLow, Price.Low)
LowestHigh = System.Math.Min(LowestHigh, Price.High)
If Price.Low > LowestHigh Then
    Swing = 1
    HighestLow = Price.Low
    LowestHigh = Price.High
Else If Price.High < HighestLow Then
    If Swing = 1 Then
        Pass
    End If
    Swing = -1
    HighestLow = Price.Low
    LowestHigh = Price.High
End If

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
dnhoward
Posted : Saturday, September 25, 2010 2:47:09 PM
Registered User
Joined: 1/5/2007
Posts: 21
Thanks a lot Bruce!
jschott
Posted : Wednesday, September 29, 2010 7:59:04 PM
Registered User
Joined: 10/27/2004
Posts: 821
Location: Philly area
Where did I goof?  Using a copy from here on the Green to Red transition, I get a RealCode Condition error that says PASS in not declared.
jschott
Posted : Wednesday, September 29, 2010 8:31:17 PM
Registered User
Joined: 10/27/2004
Posts: 821
Location: Philly area
OOPS again.  Scratch another question from me.  Took a restart from scratch and I now have both the Clear Noice plot from TASC but Also the transition arrows.

Thanks to all who beat me to it.

And Thanks Bruce for all the postings and instructions.
Bruce_L
Posted : Thursday, September 30, 2010 9:12:18 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
jschott,
You're welcome. I'm happy to read you were able to find the posts answering your questions.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
investalert
Posted : Thursday, October 7, 2010 8:08:57 AM
Registered User
Joined: 4/29/2006
Posts: 75

QUOTE (dnhoward)
   I am intrigued by Ron Black's article and would like to know if the code is possible in whatever form in Tc 2000.  The code is follows from the magazine in EasyLanguage:

Try this PCF in a percent true custom indicator and plot it in the middle of the window. Set the draw color to green; the draw style to normal; check the visible box; set the smoothing average to 1; and select the exponential setting (really doesn't matter as the smoothing average is 1).

Copy and paste this PCF into the Boolean Formula box and click close. Then save your chart window. This formula used on a daily chart will closely approximate the idea from Ron Black's Short Term Swings. It takes several of the popular indicators and combines them into one easy to read indicator.

(MS1 > XAVG(MS1,4) and  TSV28 >= XAVG(TSV28,4)) or  ((( - 136) *AVG(XAVGC12,4) + 24 * AVG(XAVGC26,4) + 112 * AVG(XAVGC9,4)) / 51 > ((( -136) * AVG(XAVGC12.1,4) + 24 * AVG(XAVGC26.1,4) + 112 * AVG(XAVGC9.1,4)) /51) AND  AVG(OBV,4) > AVG(OBV1.1,4))

Regards, Richard

investalert
Posted : Friday, October 15, 2010 10:34:34 PM
Registered User
Joined: 4/29/2006
Posts: 75
Here are a couple of oscillators to add to the percent true indicator above. These give interesting clues when they are both near the bottom and start ascending in sync inside the green indicator when condition is true. Or when they are both near the top and start descending in sync outside the green indicator when condition is false. Another interesting outcome is observed when the two oscillators have a visual difference of more than 50% and are starting to change direction.
The short term oscillator custom indicator settings: Put this also in the middle window and set the draw color to yellow, the draw style to normal, check the visible box, uncheck the zero line and the plot using price scale boxes, smoothing average set to one, and simple.
PCF:     (STOC5.4 + RSI5.4) / 2
===========================
The long term oscillator custom indicator settings: Put this also in the middle window and set the draw color to magenta, the draw style to normal, check the visible box, uncheck the zero line and the plot using price scale boxes, smoothing average set to one, and simple.
PCF:     (STOC21.4 + STOC55.4 + RSI13.4 + RSI21.4) / 4
Thanks to all who contribute to these forums and a special thanks to the trainers who brilliantly show us how to use these formulas!
Regards, Richard
investalert
Posted : Saturday, October 23, 2010 4:54:32 PM
Registered User
Joined: 4/29/2006
Posts: 75

I thought I would pass on some additional tools to use if you find the above PCFs and indicators of value.

The PCF above and shown here for reference:

((MS1 >= XAVG(MS1,4) AND TSV28 >= XAVG(TSV28,4)) OR ((( - 136) * AVG(XAVGC12,4) + 24 * AVG(XAVGC26,4) + 112 * AVG(XAVGC9,4)) / 51 >= ((( - 136) * AVG(XAVGC12.1,4) + 24 * AVG(XAVGC26.1,4) + 112 * AVG(XAVGC9.1,4)) / 51) AND XAVG(OBV1,4) >= XAVG(OBV1.1,4)))

can be included in a PCF and sorted to find those stocks in an uptrend. This PCF uses the popular indicators including Money Stream, TSV, MACD, and On Balance Volume. It compares the current value to the short-term average of four bars and looks for the majority to be indicating an uptrend.

Taking this one step further by adding the Boolean operator for the condition NOT being true yesterday, we can expand the PCF and sort for stocks where and uptrend may be starting today. The PCF then becomes:

((MS1 >= XAVG(MS1,4) AND TSV28 >= XAVG(TSV28,4)) OR ((( - 136) * AVG(XAVGC12,4) + 24 * AVG(XAVGC26,4) + 112 * AVG(XAVGC9,4)) / 51 >= ((( - 136) * AVG(XAVGC12.1,4) + 24 * AVG(XAVGC26.1,4) + 112 * AVG(XAVGC9.1,4)) / 51) AND XAVG(OBV1,4) >= XAVG(OBV1.1,4))) AND NOT((MS1.1 >= XAVG(MS1.1,4) AND TSV28.1 >= XAVG(TSV28.1,4)) OR ((( - 136) * AVG(XAVGC12.1,4) + 24 * AVG(XAVGC26.1,4) + 112 * AVG(XAVGC9.1,4)) / 51 >= ((( - 136) * AVG(XAVGC12.2,4) + 24 * AVG(XAVGC26.2,4) + 112 * AVG(XAVGC9.2,4)) / 51) AND XAVG(OBV1.1,4) >= XAVG(OBV1.2,4)))

I use the top PCF in one watch list tab and the second PCF in the next tab to the right. When the condition is true the word "TRUE" shows up in the column. That way you can see the stocks where the uptrend is starting today in the left column and the stocks where the uptrend is continuing in the column to the right.

If you have other ideas to enhance the value of these tools, please let me know.

Best regards, Richard

 

investalert
Posted : Saturday, October 23, 2010 7:45:31 PM
Registered User
Joined: 4/29/2006
Posts: 75

CORRECTION: The two PCFs above are install in adjacent columns under one watchlist tab so they can be seen side-by-side. I incorrectly stated that they should be installed in adjacent watchlist tabs, which would make them impossible to see side-by-side.

 

My bad, Richard

diceman
Posted : Sunday, October 24, 2010 8:56:40 PM
Registered User
Joined: 1/28/2005
Posts: 6,049

Those are some interesting indicators InvestAlert.

I usually like to see %true indicators on the price chart.

If you put a true false inside the ABS() function it will equal 1 when true and zero when false.
This allows you to multiply by price so that it equals price or zero.
(this allows you to plot true/false in the price window but not go above price)

Using your first PCF I have a few examples:
The first goes to the low of the bar.
Then one for 1% below the low.
Then one with an averge of the low. (just to show there are many options how to set it up)


Remember, it goes in the top window.
Its an indicator not a % true. (because now it has values)
Select: "Plot using price scale". 




To the Low:

ABS((MS1 > XAVG(MS1,4) and  TSV28 >= XAVG(TSV28,4)) or  ((( - 136) *AVG(XAVGC12,4) + 24 * AVG(XAVGC26,4) + 112 * AVG(XAVGC9,4)) / 51 > ((( -136) * AVG(XAVGC12.1,4) + 24 * AVG(XAVGC26.1,4) + 112 * AVG(XAVGC9.1,4)) /51) AND  AVG(OBV,4) > AVG(OBV1.1,4)))*L

1% below the Low

ABS((MS1 > XAVG(MS1,4) and  TSV28 >= XAVG(TSV28,4)) or  ((( - 136) *AVG(XAVGC12,4) + 24 * AVG(XAVGC26,4) + 112 * AVG(XAVGC9,4)) / 51 > ((( -136) * AVG(XAVGC12.1,4) + 24 * AVG(XAVGC26.1,4) + 112 * AVG(XAVGC9.1,4)) /51) AND  AVG(OBV,4) > AVG(OBV1.1,4)))*L*.99

3 period exp. avg of the low:

ABS((MS1 > XAVG(MS1,4) and  TSV28 >= XAVG(TSV28,4)) or  ((( - 136) *AVG(XAVGC12,4) + 24 * AVG(XAVGC26,4) + 112 * AVG(XAVGC9,4)) / 51 > ((( -136) * AVG(XAVGC12.1,4) + 24 * AVG(XAVGC26.1,4) + 112 * AVG(XAVGC9.1,4)) /51) AND  AVG(OBV,4) > AVG(OBV1.1,4)))*XAVGL3


Just thought Id throw that out there if you are interested.

ABS(true/false PCF)*some price function




Thanks
diceman

 

 

 

nathank
Posted : Sunday, March 20, 2011 4:55:53 AM
Registered User
Joined: 3/8/2011
Posts: 3

Stock finder has paint scheme function. How TC2000 v11. Can we get paint scheme in TC2000 v11?. I could not find that.
Thanks.
Natahnk

Bruce_L
Posted : Monday, March 21, 2011 8:49:21 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
kailayanathank,
The TC2000.com version 11 beta does not currently have the paint feature that is part of StockFinder.

The best way to influence what will be in TC2000.com is to actively participate in the TC2000.com version 11 beta. All questions, comments and suggestions related to the TC2000.com version 11 beta should be addressed to:

feedback@tc2000.com

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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