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rgwesi
Posted : Tuesday, February 26, 2013 8:20:27 PM
Registered User
Joined: 8/13/2008
Posts: 44

rgwesi
In TC2000v12.3

How Do you make a histogram out of Price crossing up a MVWAP and down a MVWAP? To turn red when Price crosses down through MVWAP and green when Price crosses up through MVWAP

Bruce_L
Posted : Wednesday, February 27, 2013 9:25:54 AM


Worden Trainer

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

Select Add Indicator and choose Custom PCF Indicator from the list. Then click on the Custom PCF Indicator and select Edit. You will want to use the following settings for a 10-Period Moving VWAP indicator. You would need to change the Formula setting to use a different period for the MVWAP (the basic pattern would be the same).

- Plot Style: Histogram
- Plot Color: Green
- Negative Value Color: Checked and set to red
- Period: 1
- Average Type: Doesn't matter (because the Period is 1).
- Formula: C - ((O + H + L + C) * V + (O1 + H1 + L1 + C1) * V1 + (O2 + H2 + L2 + C2) * V2 + (O3 + H3 + L3 + C3) * V3 + (O4 + H4 + L4 + C4) * V4 + (O5 + H5 + L5 + C5) * V5 + (O6 + H6 + L6 + C6) * V6 + (O7 + H7 + L7 + C7) * V7 +(O8 + H8 + L8 + C8) * V8 + (O9 + H9 + L9 + C9) * V9) / 40 / AVGV10



-Bruce
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