Registered User Joined: 3/10/2005 Posts: 10
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What would be the formula to use to show an indicator of 10 day price rate of change and also 14 day detrended price oscillator? I see the software does not have these two indicators that I like to use built into the system. Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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TeleChart does have a Price Rate of Change Indicator built in (it is of the Net Change variatey as opposed to the Percent Change variety). You can select Chart Template | Edit | Add Indicator to Window (the blue + to the right of Top, Middle or Bottom) | Price Rate of Change to add it.
The following topics explain the various interpretations of the DPO in some detail:
DPO in Blocks
New Search
Detrended Price Oscillator
You can add a version that uses past values of the DPO using a Custom Indicator. It is not possible to Plot a version of DPO that uses future data in its calculations.
Plotting Custom Indicators with Examples
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce Personal Criteria Formulas TC2000 Support Articles
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