Thanks Bruce! The PCF now matches the results on the chart, after using the formulas you posted on 08/30 @ 8:44:58 am.
The TSV24 that is plotted on the chart is actually the 24-period exponential TSV. By just inputing "TSV24" into the PCF I would get the simple TSV value, which is different from the TSV24 value shown on the charts.
I also referred to a thread you answered back in 2014 that was similar to mine:
http://forums.worden.com/default.aspx?g=posts&t=47182
Thanks
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So would this be the formula for the calculating the TSV24 for MSFT?
(TSV + TSV1.1 + TSV1.2 + TSV1.3 + TSV1.4 + TSV1.5 + TSV1.6 + TSV1.7 + TSV1.8 + TSV1.9 + TSV1.10 + TSV1.11 + TSV1.12 + TSV1.13 + TSV1.14 + TSV1.15 + TSV1.16 + TSV1.17 +TSV1.18+ TSV1.19+ TSV1.20+TSV1.21+ TSV1.22+ TSV1.23 + TSV1.24) / 24
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How is the TSV24 and the EMA12 of the TSV calculated on the chart? Is it by a simple moving average or an exponential moving average? For example The TSV24 on the weekly chart of MSFT is 215.6K (this is a rounded value). And the EMA12 on the weekly chart is 196,035.88. How were these values calculated? What are the formulas used to calculate those values that show up on the charts?
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When running this PCF as a scan in my watchlist, I'm still pulling up stocks that don't fit the above criteria. (i.e. many of the stocks that are marked as "True" when using the PCF have a TSV24 greater than XAvg(TSV24,12).
Also, after running the MSFT test using the PCF above, the values for TSV24 and XAvg(TSV24,12) that I revceived differ from the values for those indicators plotted on the actual chart for MSFT.
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Hello,
I am trying to create a PCF that will scan for stocks that have the following criteria:
1) TSV 24 less than 0 on the weekly chart
OR
2) TSV 24 less than the EMA12 of TSV 24 on the weekly chart
I came up with the following PCF myself, but it for some reason it is coming up with inaccurate results when running the test with MSFT
TSV24 < 0 OR
TSV24 < XAvg(TSV24,12)
Timeframe: Weekly
Thanks
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How can I scan for OTC/Pinksheet stocks in TC2000 version 16?
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