Hi there first post here.

I am looking to make a formula/indicator that will upon certain conditions add a chart marker to indicate "go long" and an email altert that shows the symbol, timeframe, name of indicator, and the text "go long", and then anothet market and alert to indicate "close long position". Similarly with "go short" and "close short position". To start with I would use a very simple SMA crossover to test out the markers and alerts. I want the alerts to come in on email whether or not TC2000 is open.

Questions -

a) Is this functionality better to do on 12.4 ir 7 ? I have assumed 12.4 but if not please let me know.

b) Are there any markers other than an arrow, that can be used for this purpose and if so where would I find them ?

c) The final formula may be a combination of other custom PCFs and some may be cumulative formulas.. How would I approach writing the final custom PCF, and calling a cumulative PCF, and plotting chart markers ?

I am hoping for a combination of specific answers and also links - trying to narrow down the field of search as fast as possible ! Many thanks

The plotting can be done in both TC2000 version 12.4 and TC2000 version 7, but is better in TC2000 version 12.4.

This would be done with a Custom PCF % True Indicator or Custom PCF Indicator. Neither offers arrows as a Plot Style, but you can use the Dot Plot Style.

Any sort of notification while the program is closed is not possible at all in TC2000 version 7 and can be done with Alerts in TC2000 version 12.4. Keep in mind that Alerts are created one symbol at a time.

Setting & Managing Alerts (11:53)

There really isn't a way to call a Custom PCF Cumulative Indicator in formula. It may or may not be practical to create a condition formula which would replicate the desired condition using a formula based on the Custom PCF Cumulative Indicator. For example, It might be possible if it is above or below a moving average of itself but would probably not be possible to check where it is within a range unless the period is very short.

Dealing with OBV & MS in PCF's - how to interp their "values"
Min Max PCFs

Great. Thanks Bruce. Is there a reference you can give me which covers the dot plot ? And do I need to create one or more indicators that draw the plots on the charts, another to take the same formulas and add conditions, and another to create the alerts ? And are there any other videos/links that you think might be useful to help me get up to speed quickly ?

Thanks again

I don't have any videos on the Dot Plot Style, but you can change the Plot Style of an indicator by clicking on the name of that indicator at the top of the pane in which it is plotted and selecting Edit. The Plot Style setting should be near the top.

Here are some examples of topics utilizing the technique.

UP 12 out of 15 days
customizing chart plots
Can price show an indicator condition?

If you are utilizing this basic technique, you can generally just check for the value being above zero to check for whatever requirement you have set for drawing a dot to be true. You can do this by clicking on the indicator and selecting Create Scan Condition (to create a condition) or Set Alert (to create an alert).

Create Conditions from Your Chart (5:25)
Sorting with Chart Conditions (7:30)

But if you are using a Condition Formula as part of a Custom PCF % True Indicator or Custom PCF Indicator, you might be better of just using that Condition Formula directly as a sort or EasyScan Condition.

Building a Scan with Multiple Conditions (7:29)

The following videos explore how to create Personal Criteria Formulas.

Writing Custom Conditions: The Basics (40:36)
Writing Custom Conditions: Useful Examples (51:30)
Writing Personal Criteria Formulas (PCFs): Part 1 (53:57)
Writing Personal Criteria Formulas (PCFs): Part 2 (59:21)

The following discussion forum topics are about the syntax of PCFs. The last of these topics is basically a list of topics I use fairly frequently in answering questions. I don't know how useful it might be to anybody besides me.

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
Personal Criteria Formulas

I've already included quite a few links for you to look at above, but there are a lot more videos available on the following webpages.

TC2000 Tutorial Videos
Webinar Archive