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New High / Low Indicator - Histogram Rate this Topic:
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homerhayes
Posted : Friday, May 14, 2010 11:19:58 AM
Registered User
Joined: 11/13/2009
Posts: 14
Could you help me create an indicator to show New Highs / New Lows daily in the form of a histogram.
 Thanx
Bruce_L
Posted : Friday, May 14, 2010 12:10:58 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
I do not know of a way to create the desired Indicator as a Histogram in TeleChart (although it can be done in StockFinder). Having a 1-Period Price Rate of Change Indicator should produce the desired Indicator when used on any of the symbols for Advance Decline in the following topics however (albeit not as Histogram and as a difference in percentages instead of a difference in counts in some cases):

Market Stats, TICK and TRIN
Worden’s Market Indicators (T2s)

-Bruce
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homerhayes
Posted : Friday, May 14, 2010 1:38:47 PM
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Joined: 11/13/2009
Posts: 14
Bruce, thanks for the response. I have Stockfinder, though lately I have been using Telchart. Could you show me how to create that in Stockfinder.
Bruce_L
Posted : Friday, May 14, 2010 2:10:31 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
The NH-NL S&P 500 Indicator topic explores one method and the New Highs Minus New Lows for the Day on Optionable Items topic explores another method.

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
homerhayes
Posted : Friday, May 14, 2010 3:39:55 PM
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Joined: 11/13/2009
Posts: 14
Thanks for your help.
Bruce_L
Posted : Friday, May 14, 2010 3:45:15 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
You're welcome.

-Bruce
Personal Criteria Formulas
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