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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » Baseline and Conversion Relationships

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recordz
Posted : Tuesday, July 3, 2012 12:35:00 PM
Platinum Customer Platinum Customer

Joined: 11/17/2005
Posts: 36

It looks easy until I try to do it.  In Ichimoku there are many relationships between the baseline and the conversion line.  How exactly (the key word) do I create a "Macd Type" histogram that I can plot as an indicator in one of the panes below

Thank you in advance
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Bruce_L
Posted : Tuesday, July 3, 2012 12:48:16 PM


Worden Trainer

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

You could try plotting the following Custom PCF Indicator:

- Plot Style: Histogram
- Period: 1
- Average Type: Doesn't matter (because the period is 1).
- Formula: (MAXH9 + MINL9 - MAXH26 - MINL26) / 2


-Bruce
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