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Worden Discussion Forum
Customer Training & Support
Ask a Trainer - TC2000 version 12/18
Can I create a weight of the evidence calculation?
I like 10 different technical indicators. Some are my own formula and some are prebuilt classic Worden indicators like MACD. I would like to calculate a pecentage of these indicators that are either positive or negative to create an weight of the evidence approach. Is there a way to do this?
Yes, it is possible (assuming all of the indicators can be created using formulas), but I would need more details to help you create the desired formula.