C/MAX - 1 is not really a drawdown, so I don't see how it can produce an ulcer index.

Suppose MAX for a period is $100, and C today is $105.

Then C/MAX = 105/100 - 1 = 1.05 - 1 = 0.05

But the drawdown for this example should be zero, since price went up.

If a stock hits a new high everyday during a period, the ulcer index should be zero, right?

Tech support suggested that I post here and ask for a PCF be written for me for what I am trying to do. But I hope future versions will have this capability built in.

I plot Relative Strength of a stock vs. SP-500 (and I also have Relative strength vs. Industry and Sub-industry).

I also use a 10- and 40- period moving averages of relative strength.

(1) When I right click the relative strength ("RelS vs SP-500"), there is no "create condition" in the dropdown menu.  So I looked to see if I could create conditions of the moving averages of Relative Strength instead:

(2) When I right click the "Avg 10" I can create a scan condition, and add column to watch list and sort, but the column ends up empty eventhough I know the condition is satisfied for many stocks in the watchlist.   When I save the condition to the library and then add the condition as a column to the watchlist, the column is still empty.

(3) When I right click the "Avg 10" and select "show values in watchlist,"  I get a column that has just 3 dots "..." for each stock in the watchlist.