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% spread & moving average of it Rate this Topic:
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kram
Posted : Tuesday, February 9, 2016 2:07:16 PM
Registered User
Joined: 10/7/2004
Posts: 80

Bruce,

Is it possible to take the % range of the S&P 500 daily bar and plot a moving average of that % ?

 

So the high less the low as a % for the day and then plot that say over a 10 and 20 average of that %.

 

?

 

thanks

mark

Bruce_L
Posted : Tuesday, February 9, 2016 2:19:57 PM


Worden Trainer

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

You can use the following Formula in a Custom PCF Indicator.

100 * (H / L - 1)

Then set the Period and Average Type of the Custom PCF Indicator to match the moving average you want to use.

How to add an indicator to a chart template
How to edit an Indicator



-Bruce
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TC2000 Support Articles
kram
Posted : Tuesday, February 9, 2016 2:22:51 PM
Registered User
Joined: 10/7/2004
Posts: 80

thank you !

Bruce_L
Posted : Tuesday, February 9, 2016 2:23:28 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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