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Elder's New High - New Low Index Rate this Topic:
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andras9700
Posted : Thursday, October 23, 2014 10:44:51 PM
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Joined: 3/16/2011
Posts: 7

Is is possible you include in your T2 indicators Elder's New High - New Low Index?

Bruce_L
Posted : Friday, October 24, 2014 8:51:30 AM


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Joined: 10/7/2004
Posts: 65,138

This is about the closest thing we have currently. It is only calculated on the NYSE instead of all three major exchanges.

US Market Indicators

T2117 52-week New High / New Low Ratio - This indicator is calculated by taking the new highs for the last 52 weeks divided by news highs + new lows.

Thank you for your suggestion.

 



-Bruce
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andras9700
Posted : Friday, October 24, 2014 9:11:58 AM
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Joined: 3/16/2011
Posts: 7

Thank you Bruce! Are you planning to include in TC2000 the real Elder NH-NL Index in the near future?

Bruce_L
Posted : Friday, October 24, 2014 9:15:00 AM


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Joined: 10/7/2004
Posts: 65,138

I do not know when or if any particular suggestion might be implemented.



-Bruce
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andras9700
Posted : Tuesday, October 28, 2014 9:07:17 PM
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Joined: 3/16/2011
Posts: 7

Thank you Bruce for the quick answer! One more question: if I have the numbers, can I create my own chart in TC2000? For example I have the 52-week daily highs and daily lows. Can I add those numbers daily and create my own chart?

StockGuy
Posted : Wednesday, October 29, 2014 10:13:34 AM

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Joined: 9/30/2004
Posts: 9,187

TC2000 does not have an import feature so it's not possible to create charts from your own data.

andras9700
Posted : Wednesday, October 29, 2014 4:29:35 PM
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Joined: 3/16/2011
Posts: 7

Okay, I understand. Is there any way I can create my chart from your data? All I need for the indicator I would like to create is:

   - the last 52 weeks new higs,

   - the last 52 weeks new lows,

   - the last 3 months new higs,

   - the last 3 months new lows,

   - the last 1 month new highs,

   - the last 1 month new lows, all for the whole US stock market.

 

Thank you for your help! 

Bruce_L
Posted : Thursday, October 30, 2014 10:18:53 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

There is no way to create your own Custom Market Indicators in TC2000 like can be done in StockFinder.

Custom Market Indicators (3:28)
Market Indicators from Conditions (6:09)

So if it is not already available as one of our T2s, you are not going to be able to create it on your own.



-Bruce
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andras9700
Posted : Friday, October 31, 2014 9:02:27 PM
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Joined: 3/16/2011
Posts: 7

Thank you Bruce!

 

Does it mean that these data,

   - the last 52 weeks new higs, & the last 52 weeks new lows,

   - the last 3 months new higs, & the last 3 months new lows,

   - the last 1 month new highs & the last 1 month new lows

are all available on Stockfinder, and Stockfinder will let me create my own chart from these numbers?

Bruce_L
Posted : Monday, November 3, 2014 10:59:05 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Yes, all of that data is available in StockFinder. You can create your own Custom Market Indicators based on that data in StockFinder.



-Bruce
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