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Convert TC2000 indicators to Real Code Please Rate this Topic:
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jsatt11
Posted : Wednesday, January 27, 2016 3:41:16 PM
Registered User
Joined: 11/26/2007
Posts: 116

Recently a S&C Feb 2016 Traders Tip was published for TC2000 Article Higher Highs and Higher Lows.

I'm using this in TC2000 and need help for the Real Code conversion.

The HHS is:

100 * ABS(H > H1) * (H - MINH20) / (MAXH20 - MINH20)

The LLS is:

100 * ABS(L < L1) * (MAXL20 - L) / (MAXL20 - MINL20)

 

Thanking you in advance.

Jim

Bruce_L
Posted : Wednesday, January 27, 2016 4:00:39 PM


Worden Trainer

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

The first formula could be written as follows.

'|******************************************************************
'|*** StockFinder RealCode Indicator - Version 5.0 www.worden.com 
'|*** Copy and paste this header and code into StockFinder *********
'|*** Indicator:HHS
'|******************************************************************
If CurrentIndex >= 20 Then
	If Price.High > Price.High(1) Then
		Plot = 100 * (Price.High - Price.MinHigh(20)) / (Price.MaxHigh(20) - Price.MinHigh(20))
	Else
		Plot = 0
	End If
Else
	Plot = Single.NaN
End If

And the second formula could be written as follows.

'|******************************************************************
'|*** StockFinder RealCode Indicator - Version 5.0 www.worden.com 
'|*** Copy and paste this header and code into StockFinder *********
'|*** Indicator:LLS
'|******************************************************************
If CurrentIndex >= 20 Then
	If Price.Low < Price.Low(1) Then
		Plot = 100 * (Price.MaxLow(20) - Price.Low) / (Price.MaxLow(20) - Price.MinLow(20))
	Else
		Plot = 0
	End If
Else
	Plot = Single.NaN
End If

But I'm pretty sure you would need to apply 20 period exponential moving averages to these to get the desired plots. I'll make an indicator which plots HHS with the moving average applied along with the red, yellow and green lines in a bit.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Bruce_L
Posted : Wednesday, January 27, 2016 4:26:36 PM


Worden Trainer

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

You should be able to Open an attached Indicator directly into a running copy of StockFinder 5 (and save it from within StockFinder 5 if desired). You could also Save it to the \My Documents\StockFinder5\(Your Username)\My Indicators\ folder and then load it like you would any other Indicator (or Copy and Paste it there from wherever it Saves if you can't specify the destination directory when Saving).

Attachments:
Higher Highs and Lower Lows.sfInd - 9 KB, downloaded 605 time(s).



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
jsatt11
Posted : Wednesday, January 27, 2016 8:31:41 PM
Registered User
Joined: 11/26/2007
Posts: 116

QUOTE (Bruce_L)

The first formula could be written as follows.

'|******************************************************************'|*** StockFinder RealCode Indicator - Version 5.0 www.worden.com '|*** Copy and paste this header and code into StockFinder *********'|*** Indicator:HHS'|******************************************************************If CurrentIndex >= 20 Then	If Price.High > Price.High(1) Then		Plot = 100 * (Price.High - Price.MinHigh(20)) / (Price.MaxHigh(20) - Price.MinHigh(20))	Else		Plot = 0	End IfElse	Plot = Single.NaNEnd If

And the second formula could be written as follows.

'|******************************************************************'|*** StockFinder RealCode Indicator - Version 5.0 www.worden.com '|*** Copy and paste this header and code into StockFinder *********'|*** Indicator:LLS'|******************************************************************If CurrentIndex >= 20 Then	If Price.Low < Price.Low(1) Then		Plot = 100 * (Price.MaxLow(20) - Price.Low) / (Price.MaxLow(20) - Price.MinLow(20))	Else		Plot = 0	End IfElse	Plot = Single.NaNEnd If

But I'm pretty sure you would need to apply 20 period exponential moving averages to these to get the desired plots. I'll make an indicator which plots HHS with the moving average applied along with the red, yellow and green lines in a bit.

Bruce Thanks...the tc200 indicator by Patrick Argo did indeed use the exponential average. I'm not sure how to do this for your indicator.

Bruce_L
Posted : Thursday, January 28, 2016 9:18:59 AM


Worden Trainer

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

I attached an indicator replicating the indicator from the TC2000 layout including the exponential moving averages to my Wednesday, January 27, 2016 4:26:36 PM ET post.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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