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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » % Stocks above 10 day moving average?

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dfarns
Posted : Friday, April 2, 2010 2:42:50 AM
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Joined: 12/11/2008
Posts: 7
 Telechart has two indicators that show the % stocks above the 200 and the 40 pma (what's pma?).  I'd like to write an indicator that shows the % stocks above the 10 day ma (or pma?).  Could you  show me how to write the formula that would count the number of stocks/symbols above a certain moving average( or any indicator)  and allow me to chart the results.

Thanks,  John
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StockGuy
Posted : Friday, April 2, 2010 12:06:24 PM

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Joined: 9/30/2004
Posts: 9,187
 That data is calculated server side.  You cannot reproduce that in TeleChart, but you can using the Market Indicator feature in StockFinder.
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