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rocky
Posted : Monday, January 4, 2016 1:24:27 PM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 54

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? 

Bruce_L
Posted : Monday, January 4, 2016 1:39:26 PM


Worden Trainer

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

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
rocky
Posted : Monday, January 4, 2016 2:03:56 PM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 54


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.

Bruce_L
Posted : Monday, January 4, 2016 2:05:33 PM


Worden Trainer

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

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
rocky
Posted : Monday, January 4, 2016 3:13:32 PM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 54


As always Bruce you rock.  I am grateful to you.

rocky
Posted : Thursday, February 4, 2016 8:14:56 AM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 54

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?

Bruce_L
Posted : Thursday, February 4, 2016 10:15:47 AM


Worden Trainer

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

Please contact technical support.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
rocky
Posted : Sunday, February 7, 2016 8:29:26 AM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 54

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.
 

Bruce_L
Posted : Monday, February 8, 2016 11:52:35 AM


Worden Trainer

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

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
rocky
Posted : Monday, February 8, 2016 12:11:49 PM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 54

Thank you Bruce

 

Bruce_L
Posted : Monday, February 8, 2016 12:14:05 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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