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PCF - Calculate average of a calculated value. Rate this Topic:
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joel_benton
Posted : Monday, December 31, 2012 4:12:58 PM
Platinum Customer Platinum Customer

Joined: 10/20/2004
Posts: 4

I'm deriving MACD for a class presentation.  

I calculated EMA12 (XAVGC12) and EMA26 (XAVGC26), and

EMA12 - EMA26 (XAVGC12 - XAVGC26)

I now want to create an indicator that is the XAVG of (EMA12 - EMA26) for a period of 9 bars.  

I'm having trouble with this last calculation; I get error messages.

Can you please help with this PCF.  

StockGuy
Posted : Monday, December 31, 2012 4:23:47 PM

Administration

Joined: 9/30/2004
Posts: 9,163

You can't put an operator (- + * /) inside of an XAVG ( ).  

The formula you're looking for is:

 XAVG(XAVGC12,9) - XAVG(XAVGC26,9)

joel_benton
Posted : Monday, December 31, 2012 5:10:40 PM
Platinum Customer Platinum Customer

Joined: 10/20/2004
Posts: 4

Thank you, StockGuy.

Happy New Year.

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