Registered User Joined: 7/28/2009 Posts: 13
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I've done formulas in Telechart never did one in Stockfinder, so once I have a formula not sure how to use it in Stockfinder. I would like a formula for the TSV16 being above 0 for 5 consecutive days. Also will the same formula work in Telechart that you design for stockfinder. Hope you can help me. Thanks.
Jerry B
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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StockFinder doesn't use formulas. StockFinder uses RealCode Conditions in situations where you cannot create a Condition by clicking on the indicator and select Create Condition.
The Personal Criteria Formula Language and RealCode are not particularly similar. You cannot use RealCode in TC2000 and you cannot use the Personal Criteria Formula Language in StockFinder.
A Condition Formula that would work in TC2000 for a 16-Period Simple TSV being above 0 for the most recent 5-bars could be written as:
MIN(TSV16,5) > 0
A Condition Formula that would work in TC2000 for a 16-Period Exponential TSV being above 0 for the most recent 5-bars could be written as:
XAVG(TSV,16) > 0 AND XAVG(TSV1.1,16) > 0 AND XAVG(TSV1.2,16) > 0 AND XAVG(TSV1.3,16) > 0 AND XAVG(TSV1.4,16) > 0
In StockFinder, you would be able to just right-click on the TSV indicator and select Create Condition. Then change the Condition drop-down to Greater Than, change > to 0.00 and set passing to 5 of the last 5 bars.
Creating Conditions
-Bruce Personal Criteria Formulas TC2000 Support Articles
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