Registered User Joined: 12/30/2004 Posts: 40
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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)
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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 Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 12/30/2004 Posts: 40
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Thanks Bruce. I'll have to do some homework.
Lee Klein
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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