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Gold Customer
Joined: 10/7/2004 Posts: 54
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I use both Stock Finder 4 and TC 2000. I have a Force Index of 13 in both. On closing day 12-31-15 in SF the force index closed at -307.86. The same closing day in TC 2000 the closing is -48.5.
I have SF set for it's smoothing to be exponential. There is no setting in TC2000. I do not usng any moving averages for the Force Index. Why are the two programs showing two different numbers?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The volume is different in TC2000 v12/16 vs StockFinder (TC2000 uses actual volume and SF reports in blocks of 100 shares) and TC2000 does not use the square root of the volume like StockFinder.
So TC2000 would be the 13 period exponential moving average of the following.
(C - C1) * V
While StockFinder is using the 13 period exponential moving average of the following.
(C - C1) * SQR(V) / 10
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 10/7/2004 Posts: 54
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Could I make a SF version of the Force Index in TC 2000 using a formula? It seems to be a bit more quicker on indentifying the turns.
Thank you Bruce for your help.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Use the second Indicator Formula given in my first reply as the Formula in a Custom PCF Indicator with the Period set to 13 and the Average Type set to Exponential.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 10/7/2004 Posts: 54
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As always Bruce you rock. I am grateful to you.
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Gold Customer
Joined: 10/7/2004 Posts: 54
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QUOTE (Bruce_L)
Use the second Indicator Formula given in my first reply as the Formula in a Custom PCF Indicator with the Period set to 13 and the Average Type set to Exponential.
Bruce, I have noticed that my phone app gives differnt redings than myPC in real tme. I have created the Force idicator above and gave it and orignal name. I choose the same idicator on my smart phone. The app readings can be showing (for example) an above zero reading while my PC shows a below zero reading. The numbers can be substantially far apart. Any advice on this?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Please contact technical support.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 10/7/2004 Posts: 54
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QUOTE (Bruce_L)
Use the second Indicator Formula given in my first reply as the Formula in a Custom PCF Indicator with the Period set to 13 and the Average Type set to Exponential.
- Bruce, how do I write the code for the TC2000 version of the Force Index in SF4? I would like to backtest both.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Please try the following RealCode Indicator.
'# Cumulative
'# Period = UserInput.Single = 13
Static ForceIndex As Single
Static termRatio As Single
Static sumWeight As Single
Static weight As Single
If isFirstBar Then
termRatio = (Period - 1) / (Period + 1)
weight = 0
sumWeight = 0
Plot = Single.NaN
Else
Dim NetVolume As Single = Price.netChange * Volume.Value
sumWeight = sumWeight * termRatio + 1
weight = 1 / sumWeight
ForceIndex = ForceIndex * (1 - weight) + weight * NetVolume
Plot = ForceIndex
End If
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 10/7/2004 Posts: 54
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Thank you 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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