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Worden Discussion Forum » General Discussions » TC2000 version 7 » Merging Moving Averages

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couto7
Posted : Thursday, July 12, 2018 10:46:17 PM
Gold Customer Gold Customer

Joined: 10/14/2004
Posts: 202

Please write a PCF where 4,9 and 18 Simple Moving Averages are all converging together at the same time on a daily  chart  Thanks
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Bruce_L
Posted : Friday, July 13, 2018 8:43:10 AM


Worden Trainer

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

If you want all of the moving averages to be within say 1% of each other:

AVGC9 <= 1.01 * AVGC4 AND AVGC18 <= 1.01 * AVGC4 AND AVGC4 <= 1.01 * AVGC9 AND AVGC18 <= 1.01 * AVGC9 AND AVGC4 <= 1.01 * AVGC18 AND AVGC9 <= 1.01 * AVGC18

This could be written as follows in TC2000 v18.

GREATEST(AVGC4, AVGC9, AVGC18) <= 1.01 * LEAST(AVGC4, AVGC9, AVGC18)


-Bruce
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