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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » MACD Today vs. MACD 20 Days Ago

MACD Today vs. MACD 20 Days Ago Rate this Topic:
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Andeso55
Posted : Monday, July 29, 2013 12:32:47 PM
Registered User
Joined: 6/5/2013
Posts: 15

Hello.  How do I create a condition calling for today's MACD to be 25% less than the MACD for 20 days ago?  What do I select when I Create Scan Condition?  Moving Down %?  Periods = 20?  Percent < ?

Thank you for your help.
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Julia_O
Posted : Thursday, August 1, 2013 11:17:26 AM


Worden Trainer

Joined: 4/26/2007
Posts: 508

Hi Andeso55,

The Moving Down % condition does not appear to be working as intended in TC2000 right now.  I wrote you a formula to find the percentage move down in MACD you're requesting.

Here's the Personal Criteria Formula that describes the behavior you're looking for:

XAVGC12-XAVGC26 <= (XAVGC12.20-XAVGC26.20)*.75

 

This formula can be used to create a PCF Condition that can then be used as part of an EasyScan or as a Sort column for a WatchList.  I'm not sure how familiar you are with the process of creating a PCF, so let me know if you need help implementing.

Best,

Julia

 
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Andeso55
Posted : Thursday, August 1, 2013 11:25:37 AM
Registered User
Joined: 6/5/2013
Posts: 15

Thank you Julia.  If you are Julia Ormond then I enjoy your webinars.
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