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Percent of Stocks Above 20-Day Average Rate this Topic:
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King247
Posted : Saturday, November 3, 2018 12:37:15 PM
Registered User
Joined: 6/28/2017
Posts: 68

Hi Bruce,

Barchart.com has a chart that can come in handy on a 3-12 month basis:  $MMTW - Percent of Stocks Above 20-Day Average (https://www.barchart.com/stocks/quotes/$MMTW/technical-chart)

I've searched the forum on MMTW and $MMTW. Nothing came up. Does TC2000 have something like this, or could you please create a PCF that would display it? Thank you.

bcochrane
Posted : Saturday, November 3, 2018 6:28:50 PM
Registered User
Joined: 9/17/2010
Posts: 484

Look at T2107 (Symbol) for % Stocks above 200 MA and T2107 for stocks above 40 MA. There are quite a few such market indicators in the T2xxx series

King247
Posted : Tuesday, November 6, 2018 10:14:10 AM
Registered User
Joined: 6/28/2017
Posts: 68

Thank you for replying. T2108 says "% Stocks Above 40 Day Pma." Does the "P" in Pma signify anything other than "S" in SMA for Simple Moving Average?

 

Bruce,

Maybe I shouldn't have said, "something like this." Actually I'm interested in what I initially wrote.

Does TC2000 have an indicator Percent of Stocks Above 20-Day Average, or could you please create a PCF that would display it?

Thank you.

Bruce_L
Posted : Tuesday, November 6, 2018 10:22:53 AM


Worden Trainer

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

No, there isn't a way to create your own market indicators in TC2000, so you can't create a 20 period version on your own.

In this case, the p just stands for period, and it is just a simple moving average.



-Bruce
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King247
Posted : Tuesday, November 6, 2018 10:28:51 AM
Registered User
Joined: 6/28/2017
Posts: 68

Thanks, Bruce!

Bruce_L
Posted : Tuesday, November 6, 2018 10:30:09 AM


Worden Trainer

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

You're welcome.



-Bruce
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