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Registered User Joined: 6/28/2017 Posts: 68
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Hi Bruce,
Barchart.com has a chart that can come in handy on a 3-12 month basis: $MMTW - Percent of Stocks Above 20-Day Average (https://www.barchart.com/stocks/quotes/$MMTW/technical-chart)
I've searched the forum on MMTW and $MMTW. Nothing came up. Does TC2000 have something like this, or could you please create a PCF that would display it? Thank you.
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Registered User Joined: 9/17/2010 Posts: 484
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Look at T2107 (Symbol) for % Stocks above 200 MA and T2107 for stocks above 40 MA. There are quite a few such market indicators in the T2xxx series
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Registered User Joined: 6/28/2017 Posts: 68
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Thank you for replying. T2108 says "% Stocks Above 40 Day Pma." Does the "P" in Pma signify anything other than "S" in SMA for Simple Moving Average?
Bruce,
Maybe I shouldn't have said, "something like this." Actually I'm interested in what I initially wrote.
Does TC2000 have an indicator Percent of Stocks Above 20-Day Average, or could you please create a PCF that would display it?
Thank you.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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No, there isn't a way to create your own market indicators in TC2000, so you can't create a 20 period version on your own.
In this case, the p just stands for period, and it is just a simple moving average.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 6/28/2017 Posts: 68
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Thanks, Bruce!
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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