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How to define Moving Average in PCF Rate this Topic:
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mayuenhung
Posted : Tuesday, March 27, 2012 5:55:27 PM
Registered User
Joined: 7/1/2006
Posts: 15

Hi Bruce,

I know how to set the Moving average with Offset button in TC2000 V12.  I can see the plotted line on the chart.  However, I would like to use PCF % of True indication to spot light on the turning point of the Moving Average with Offset..

How do you set the condition using PCF ?

I know how to do the one without offset :  For example:

AVGC16.0 > AVGC16.1 and AVGC16.2 > AVGC16.1 , this I can spot on the turning point 1 Bar ago.

If I have the an offset of -2, in such case, how do you set the conditions to cater the -2 offset ?

mayuenhung
Posted : Wednesday, March 28, 2012 7:28:30 AM
Registered User
Joined: 7/1/2006
Posts: 15

Hi Bruce, any advice on this one or did I missed your reply ?

Bruce_L
Posted : Wednesday, March 28, 2012 10:12:12 AM


Worden Trainer

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

QUOTE (mayuenhung)
I know how to set the Moving average with Offset button in TC2000 V12.  I can see the plotted line on the chart.  However, I would like to use PCF % of True indication to spot light on the turning point of the Moving Average with Offset..

A negative offset is in effect looking at future data that doesn't exist yet. You can't create a Condition Formula utilizing a negative offset because the Personal Criteria Formula Language does not have syntax for referencing future data.

If you really need a negative offset on the Custom PCF % True Indicator, you will need to add a 1-Period Simple Moving Average to the Custom PCF % True Indicator and set the Offset in the Moving Average.

QUOTE (mayuenhung)
How do you set the condition using PCF ?

You can't actually create a Condition Formula for this. The data doesn't exist yet.

QUOTE (mayuenhung)
Hi Bruce, any advice on this one or did I missed your reply ?

You didn't miss my reply. I'm not in the forums 24/7.

Normally I would say that bumping a topic by making another post won't affect when it gets answered, but this is not entirely true. If your topic is the only topic waiting for an answer, it is true because I'm not going to deliberately penalize a bumped topic.

However, if there are multiple questions waiting for answers, it is actually not the case that when the post gets answered is not affected.

I usually answer questions in a forum from the oldest question to the newest question by going from the bottom to the top. Posts which look like they will take a long time to answer are usually skipped so more topics can get replies in a shorter time before I come back to them.

So in this case, by bumping the post, your question got answered later than it would have otherwise had it not been bumped.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
mayuenhung
Posted : Wednesday, March 28, 2012 12:19:45 PM
Registered User
Joined: 7/1/2006
Posts: 15

Thanks Bruce, now I understand about the offset setting.

I wasn't trying to make multiple postings to get a speedy answer. I saw couple people tagged on my original posting.. so I wasn't sure if I might have missed the answer from you.  I know you usually response really fast.. I always think your answer are crisp and very helpful.

Thanks again..

 

Bruce_L
Posted : Wednesday, March 28, 2012 12:23:50 PM


Worden Trainer

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

You're welcome. I just wanted you to understand why it ended up getting answered after some of the questions which got asked after your initial post (but before your second post).



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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