• Download software • Tutorial videos
• Subscription & data-feed pricing • Class schedule


• New account application • Trading resources
• Margin rates • Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » PCF for stock bounce from 10 week mva

PCF for stock bounce from 10 week mva Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
jpag1
Posted : Monday, April 4, 2011 2:55:17 PM
Gold Customer Gold Customer

Joined: 3/20/2006
Posts: 161

need PCF for weekly chart to find stock touching 10 week mva and the bouncing as discussed iby william O'Neil     Thanks
Back to top
Bruce_L
Posted : Monday, April 4, 2011 4:37:07 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 I have not read or listened to William O'Neil. I need unambiguous objective definitions from you to help you create a Personal Criteria Formula.

A PCF for the current production version of TeleChart which should return True when the current Weekly Price Bar touches a 10-Period Simple Moving Average of Price on a Weekly Chart could be written as:

ABS((C + C5 + C10 + C15 + C20 + C25 + C30 + C35 + C40 + C45) / 10 - (MAXH5 + MINL5) / 2) <= (MAXH5 - MINL5) / 2

A PCF for the TC2000.com version 11 beta which should return True when the current Weekly Price Bar touches a 10-Period Simple Moving Average of Price on a Weekly Chart could be written as follows as long as the Time Frame of the PCF is set to Weekly:

L <= AVGC10 AND AVGC10 <= H

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Back to top
jpag1
Posted : Monday, April 4, 2011 4:54:21 PM
Gold Customer Gold Customer

Joined: 3/20/2006
Posts: 161
 Sorry I guess I assumed everyone in investments know William O'Neal and Investors business Daily. Thanks for the PCF.
Back to top
InvestOverTime
Posted : Tuesday, December 6, 2011 9:56:48 PM
Registered User
Joined: 10/7/2004
Posts: 114

How do I create a 10 week moving average for my top price chart so I can see when or where this PCF shows price touching the 10 week MVA?
Back to top
Bruce_L
Posted : Wednesday, December 7, 2011 8:09:29 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 Add a 10-Period Moving Average to the chart and change the Time Frame to Weekly.

You cannot create a Weekly Moving Average and plot it on another Time Frame in TC2000. In TC2000 version 7, you could plot a 10-Period Weekly Moving Average on a Daily Chart which would match TC2000 version 7's Weekly Moving Average by using the following formula as a Custom Indicator (the same formula would work to duplicate TC2000 version 7's Moving Average in TC2000 version 12):

(C + C5 + C10 + C15 + C20 + C25 + C30 + C35 + C40 + C45) / 10

There is not a way to plot the 10-Week Simple Moving Average from TC2000 version 12 in either TC2000 version 7 or TC2000 version 12. I suppose you could approximate it using something similar to the following:

AVGC50
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Back to top
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.