Registered User
Joined: 10/7/2004
Posts: 25
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It appears that “Price Volatility” is not calculated for market indexes such as Dow 30 & SP-500. The Criteria Description for Relative Volatility follows: This is a measure of the propensity of a stock’s share price to fluctuate widely. This indicator is calculated as follows: The stock’s calendars weekly percentage magnitude change over the last 13 calendar weeks is averaged. The stock’s final volatility is found by multiplying its average by 10. Could you provide me with a PCF formula so that I could calculate the Price Volatility for those market indexes that are not now available?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The most understandable description of TeleChart's built in Price Volatility Criteria is in the Volatility as per TC2005 topic.
It is calculated once a week on Saturday. While its results can be replicated in a Personal Criteria Formula if the current day of the week and all of the Market Holidays over those 13-Weeks are known, the formula will change each day and it is not possible to construct a generalized formula that will work without this information.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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