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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Moving averages

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dmalyga
Posted : Thursday, October 11, 2018 12:42:54 PM
Gold Customer Gold Customer

Joined: 11/9/2009
Posts: 36

Hi,

 

Is it possibe to create a scan or a signal if price is between two moving avgs example 3ma and 6ma?
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Bruce_L
Posted : Thursday, October 11, 2018 12:59:20 PM


Worden Trainer

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

Yes, you can write this multiple ways. It can be written as follows for example.

(AVGC3 <= C AND C <= AVGC6) OR (AVGC6 <= C AND C <= AVGC3)

Or the slightly shorter but less obvious formula below.

ABS(2 * C - AVGC3 - AVGC6) <= ABS(AVGC3 - AVGC6)


-Bruce
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dmalyga
Posted : Thursday, October 11, 2018 1:07:02 PM
Gold Customer Gold Customer

Joined: 11/9/2009
Posts: 36

what about exponential ma?
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Bruce_L
Posted : Thursday, October 11, 2018 1:10:15 PM


Worden Trainer

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

Just use XAVGC instead AVGC.

(XAVGC3 <= C AND C <= XAVGC6) OR (XAVGC6 <= C AND C <= XAVGC3)


-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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