Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Multiple timeframes Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
thnkbigr
Posted : Monday, October 29, 2018 11:58:54 PM
Platinum Customer Platinum Customer

Joined: 3/31/2006
Posts: 3,207

Bruce, 

In TC I like to have Daily and Weekly chats plotted one above the other and then I like to have some indicators get calculated on the daily while some on the weekly

Is this possible? 

Bruce_L
Posted : Tuesday, October 30, 2018 8:18:40 AM


Worden Trainer

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

No, it is not possible to mix time frames in a single chart in TC2000 v18.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
bcochrane
Posted : Tuesday, October 30, 2018 8:35:09 AM
Registered User
Joined: 9/17/2010
Posts: 484

It is possible to have more than one chart in the layout, which can be different time frames, but it takes more screen space than two lines on one chart

thnkbigr
Posted : Wednesday, October 31, 2018 3:03:47 PM
Platinum Customer Platinum Customer

Joined: 3/31/2006
Posts: 3,207

Bruce 

Anyway I can have TC calculate the PCF below on a 2 day timeframe while plotting the data on a daily time frame

-100 * (1 - C / MAXH252)  

My goal is to plot the drawdown in the last 2 years but since we only have access to 500 bars in TC we can't while being on a daily timeframe

-100 * (1 - C / MAXH490)  I can do this to plot the 2 year drawdown while on a daily timeframe but since we only have 500 bars you will only see 10 bars of data because the PCF needs 490 bars to get calculated 

I am trying to see if i can calculate the PCF on a different timeframe than the chart. If possible than calculating this -100 * (1 - C / MAXH252) on a 2 day will plot the 2 year drawdown and I would be able to see more data than just 10 days with -100 * (1 - C / MAXH490)  

I would appreciate any suggestions 

Thanks  

 

Bruce_L
Posted : Wednesday, October 31, 2018 3:17:48 PM


Worden Trainer

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

You can certainly plot the following on a 2-day chart:

-100 * (1 - C / MAXH252)

And it will cover about a two year span instead of covering about a one year span.

What you can't do is then plot that data on a daily chart.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
thnkbigr
Posted : Wednesday, October 31, 2018 3:54:59 PM
Platinum Customer Platinum Customer

Joined: 3/31/2006
Posts: 3,207

The problem is that I have to be on a daily chart because i have other PCF's that need to be on the daily. 

I was trying to see if somehow we can just change the time frame that the indicator is being calculated separately from the chart time frame

Bruce_L
Posted : Wednesday, October 31, 2018 4:16:55 PM


Worden Trainer

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

No, there isn't a way to do that. Thank you for your suggestion.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
thnkbigr
Posted : Wednesday, October 31, 2018 5:01:52 PM
Platinum Customer Platinum Customer

Joined: 3/31/2006
Posts: 3,207

The same way in one easyscan we can have multiple conditions with each condition being calculated in a diff timeframe it would be nice if we could assign a timeframe to indicators in the same chart. 

I would have been able to resolve my problem here if I could just increase the num of bars from 500 to 750 or 1000. Has anything changes since I asked about this last time. Somehow I would be able to increase the bars from 500?? 

 

 

 

 

Bruce_L
Posted : Thursday, November 1, 2018 6:50:07 AM


Worden Trainer

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

No, this has not changed. The initial number of bars in each time frame at the start of each trading day is still currently set at 500. While additional bars are added throughout the trading day if applicable, this only gets you to a maximum of 501 bars in a daily or longer time frame.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
thnkbigr
Posted : Friday, November 2, 2018 12:30:57 PM
Platinum Customer Platinum Customer

Joined: 3/31/2006
Posts: 3,207

Ok here is my issue and let see if you have any suggestions to resolve it

I have a rating model that takes into account long and short term trends into one PCF/Indicator. 

For ex the PCF looks at drawdowns in the last Qtr all the way to 2 years

In here let's just use 1 QTR and 2 Years 

-100 * (1 - C / MAXH63) 

-100 * (1 - C / MAXH490) 

When I combine the above two PCF's into one PCF to create my rating for the stock since it requires 490 bars for the 2nd indicator to get calculated I only get to see the rating for the last 10 days or so. 

So I was trying to see if somehow I can do something that I would be able to see longer than just 10 days because that's nothing.  

1) We can't increase the number of bars from 500

2) The indicators will use the timeframe of the main chart and we can't assign a diff timeframe to them

3) I added another price chart in the same chart but we can't assign a diff time frame to that either it will use the main charts time frame

4) We also can not combine indicators from 2 diff charts in the same layout in one PCF. Having one chart on a Daily and another chart on a Weekly, Have some indicators get calculated in a daily chart and some on a weekly and combine them 

In SF I have no issue with any of this but in TC it seems I am limited. 

Anyway I would be able to resolve this issue 

Thanks 

 

 

Bruce_L
Posted : Friday, November 2, 2018 12:36:19 PM


Worden Trainer

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

I do not have any workarounds. About the best you can do is use a longer time frame and divide the period by the number of bars in the time frame (assuming the original formulas are for a daily time frame).



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
thnkbigr
Posted : Friday, November 2, 2018 1:16:47 PM
Platinum Customer Platinum Customer

Joined: 3/31/2006
Posts: 3,207

I thought about that but a few of my PCF's that look at today's Buy or Sell signal have to be calculated based on today's data only and therefore they should be on a Daily time frame. If I change the time frame to 2 days now it will assume that todays range for example is the last 2 days rather than just today. 

I understand for those who do short term trading 500 bars is more than enough but for those of us that do longer term analysis 500 bars is not enough. 

The problem is that it requires 252 bars to plot -100 * (1 - C / MAXH252)  and if I increase this to 490 so that it looks back 2 years -100 * (1 - C / MAXH490) now it takes 490 bars before the indicator starts to plot so I only get to see something like 10 days of data. 

Even if I reduce my look back to 1 year which is not enough of a look back when you are doing longer term trends I only get to see data for about 1 year since it takes 252 bars for the indicator to plot. 

Somehow they gotta allow us to increase the number of bars beyond 500. It's just not enough when you are doing longer term trends. At the vert least you have to look back one year to do longer term analysis and with 500 bars you only get to see about 250 bars a data on any indicator that needs 250 bars before it gets calculated

500 limit is just not enough. 

 

  

 

markhike
Posted : Friday, November 2, 2018 1:39:41 PM
Registered User
Joined: 5/23/2006
Posts: 75

Try TC2000 v7 for more history data.

Bruce_L
Posted : Friday, November 2, 2018 3:06:11 PM


Worden Trainer

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

Thank you for your suggestion.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
thnkbigr
Posted : Friday, November 2, 2018 3:22:46 PM
Platinum Customer Platinum Customer

Joined: 3/31/2006
Posts: 3,207

Bruce what's V7 I am in V18

How old is V7?

I am guessing V7 doesn't do half the stuff I do in V18

Bruce_L
Posted : Friday, November 2, 2018 3:27:57 PM


Worden Trainer

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

TC2000 v7 is quite a bit older than TC2000 v18 and does not have most of its features. That said, you can use it in addition to TC2000 v18 since you already have a Dow Jones Indexes feed and it has daily data going back 30+ years for symbols which have been around that long.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
thnkbigr
Posted : Friday, November 2, 2018 4:05:39 PM
Platinum Customer Platinum Customer

Joined: 3/31/2006
Posts: 3,207

So that wouldn't help me. 

They need to just allow us to adjust the number of bars. I don't know why they would limit it to just 500 that's just not enough!

I am assuming since things run on the worden servers they did it so that it's less resource intensive which I can understand but for those of us that do longer term analysis they should give us the ability to increase the num of when needed

 

Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.