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leeatnyc
Posted : Wednesday, February 13, 2013 6:02:48 PM
Registered User
Joined: 12/30/2004
Posts: 40
Support,
Using TC2000 ver 12.3 is it possible to draw a true/false (0% or 100%) condition on a chart for MS or TSV? I would like to draw that true/false test line on a chart which reflected when MS  is "moving up fast" or TSV18EXP is "moving up fast."  I realize that I can scan for those conditions; I would like to visualize  the the history oneach chart.  Thanks very much.
Lee Klein
(email removed by moderator)
Bruce_L
Posted : Thursday, February 14, 2013 8:45:46 AM


Worden Trainer

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

It is not possible to use a Custom PCF % True Indicator unless you can create a Condition Formula to use as the Boolean Formula. As the "moving up fast" Conditions created by clicking on MS or TSV are proprietary and the calculations used are not available, it is not possible to exactly replicate these Conditions using a Condition Formula.

What we could try to do is create a Condition Formula for some objective requirements that might come close. For example, we could check for MS moving up more than 5% of its 100-bar range between the previous bar and the current bar:

MS - MS1.1 > .05 * (MAX(MS,100) - MIN(MS,100))

Dealing with OBV & MS in PCF's - how to interp their "values"

We could do something similar for a Simple TSV18:

TSV18 - TSV18.1 > .05 * (MAX(TSV18,100) - MIN(TSV18,100))

But the MAX() and MIN() functions cannot accept an Exponential TSV18 as arguments, so we would need to come up with a different set of requirements to test for an Exponential TSV18. For example, we could check for the Exponential TSV18  to moving up more than 2% of the range of the raw TSV values over 50-bars:

XAVG(TSV,18) - XAVG(TSV1.1,18) > .02 * (MAX(TSV,50) - MIN(TSV,50))

The exact technique and thresholds you want to use would be up to you.



-Bruce
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leeatnyc
Posted : Thursday, February 14, 2013 5:30:57 PM
Registered User
Joined: 12/30/2004
Posts: 40

Thanks Bruce.  I'll have to do some homework.

Lee Klein

Bruce_L
Posted : Thursday, February 14, 2013 5:36:38 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
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