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As bcochrane has already indicated, these indicators are built in TC2000. The best way to create these conditions would be to click on the indicators on the chart and select Create Scan Condition.
Elder Ray Bull & Bear Power
That said, it is possible to create these types of conditions using formulas.
Elder Ray Bull Power can be written as follows (it returns a numeric value).
H - XAVGC13
Elder Ray Bear Power can be written as follows (it returns a numeric value).
L - XAVGC13
Elder Ray Bull Power being above zero can be written as follows.
H > XAVGC13
Elder Ray Bull Power beling below zero can be written as follows.
H < XAVGC13
Elder Ray Bear Power being above zero can be written as follows.
L > XAVGC13
Elder Ray Bear Power being below zero can be written as follows.
L < XAVGC13
Elder Ray Bull Power rising from one bar to the next can be written as follows.
H - XAVGC13 > H1 - XAVGC13.1
Elder Ray Bull Power falling from one bar to the next can be written as follows.
H - XAVGC13 < H1 - XAVGC13.1
Elder Ray Bear Power rising from one bar to the next can be written as follows.
L - XAVGC13 > L1 - XAVGC13.1
Elder Ray Bear Power falling from one bar to the next can be written as follows.
L - XAVGC13 < L1 - XAVGC13.1
The exponential moving average going up from one bar to the next can be written as follows.
C > XAVGC13
The exponential moving average having a positive 6 period linear regression slope with the net change over that span of the linear regression slope being positive as well can be written as follows.
FAVG(XAVGC13, 6) > AVG(XAVGC13,6) AND XAVGC13 > XAVGC13.5
The exponential moving average going down from one bar to the next can be written as follows.
C < XAVGC13
The exponential moving average having a negative 6 period linear regression slope with the net change over that span of the linear regression slope being negative as well can be written as follows.
FAVG(XAVGC13, 6) < AVG(XAVGC13,6) AND XAVGC13 < XAVGC13.5
You can combine the above components using AND statements as desired to combine them. For example, the Elder Bull Power being below zero but rising from one bar to the next with the exponential moving average also rising from one bar to the next could be written as follows (this would be one of several possible interpretations of the buy signal).
H < XAVGC13 AND H - XAVGC13 > H1 - XAVGC13.1 AND C > XAVGC13
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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