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Registered User
Joined: 3/16/2011
Posts: 7
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Could someone help me to create a PCF that compares today's EMA2 of Force Index to yesterday's EMA2 of Force Index. I know that today's EMA2 of Force Index is:((C - C1) * V + 1 / 3 * ((C1 - C2) * V1 + 1 / 3 * ((C2 - C3) * V2 + 1 / 3 * ((C3 - C4) * V3 + 1 / 3 * ((C4 - C5) * V4 + 1 / 3 * ((C5 - C6) * V5)))))) / (3 / 2 - 1 / 2 * (1 / 3) ^ 5)but how does the same thing look like for yesterday's EMA2 of Force Index?Thank you.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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If you add 1 to all of the bars ago parameters of:
((C - C1) * V + 1 / 3 * ((C1 - C2) * V1 + 1 / 3 * ((C2 - C3) * V2 + 1 / 3 * ((C3 - C4) * V3 + 1 / 3 * ((C4 - C5) * V4 + 1 / 3 * ((C5 - C6) * V5)))))) / (3 / 2 - 1 / 2 * (1 / 3) ^ 5)
You get:
((C1 - C2) * V1 + 1 / 3 * ((C2 - C3) * V2 + 1 / 3 * ((C3 - C4) * V3 + 1 / 3 * ((C4 - C5) * V4 + 1 / 3 * ((C5 - C6) * V5) + 1 / 3 * ((C6 - C7) * V6))))) / (3 / 2 - 1 / 2 * (1 / 3) ^ 5)
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-Bruce
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Registered User
Joined: 3/16/2011
Posts: 7
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Thank you very much Bruce!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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