Bruce, I understand WStoch is a propietary indicator and I reviewd the topic on deriving a scan condition approximation, is there any way to make a condition PCF when this indicator is oversold or overbought and there is a cross over occuring(%D,%K), even if it's proprietary and we just use the fnction would be fine also? I am really liking this indicator.

thanks

rctrade
 

You can just click on the indicator on the chart and select Create Scan Condition to create conditions based on the Worden Stochastic in both TC2000 v12 and TC2000 v17.

Worden Stochastics is now also built into the Personal Criteria Formula Language in TC2000 v17, so it can be referenced in formulas as well.

Worden Stochastics

The following formula would check for a simple Worden Stochastic 12, 3 %K crossing up through a simple 5 period %D.

XUP(WSTOC12.3, AVG(WSTOC12.3, 5))

The following would check for a simple Worden Stochastic 12, 3 %K crossing up through 80.

XUP(WSTOC12.3, 80)

The following would check for an exponential Worden Stochastic 12, 3 %K crossing down through 20.

XDOWN(XAVG(WSTOC12, 3), 20)

The following would check for an exponential Worden Stochastic 12, 3 %K crossing down through an exponential 5 period %D.

XDOWN(XAVG(WSTOC12, 3), XAVG(XAVG(WSTOC12, 3), 5))

The following would check for an exponential Worden Stochastic 12, 3 %K crossing down through a simple 5 period %D.

XDOWN(XAVG(WSTOC12, 3), XAVG(WSTOC12.5, 3))

Bruce, as always your kindness, helpfulness, professionalism represents Worden Bro. beyond reproach. I will put my vote in for a raise...... :-)

You're welcome.