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MMLD
Posted : Saturday, June 21, 2014 7:27:16 AM
Registered User
Joined: 1/15/2011
Posts: 41

Hello

Can you help how to write in a PCF the StochcasticRSI? I have tried SRSI but it doesn't work.

The same happened with WilliamR10

Thank you

Bruce_L
Posted : Monday, June 23, 2014 12:00:45 PM


Worden Trainer

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

Neither are StochasticRSI or Williams %R are built into TC2000's Personal Criteria Formula Language.

Any formula for Stochastic RSI ends up being too long and slow to be practical or post in the forums.

Williams %R is just stochastics minus 100 however. So a 10-period Williams %R can be written as:

STOC10 - 100

Understanding Stochastics



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
MMLD
Posted : Thursday, June 26, 2014 12:43:28 PM
Registered User
Joined: 1/15/2011
Posts: 41

Thank you again

srisner
Posted : Friday, June 12, 2015 10:14:05 AM
Registered User
Joined: 12/17/2004
Posts: 17

QUOTE (Bruce_L)

Neither are StochasticRSI or Williams %R are built into TC2000's Personal Criteria Formula Language.

Any formula for Stochastic RSI ends up being too long and slow to be practical or post in the forums.

Williams %R is just stochastics minus 100 however. So a 10-period Williams %R can be written as:

STOC10 - 100

Understanding Stochastics

Bruce:

Thank you for all that you do for us. I would suggest that anyone wanting to use the Stochastics RSI in a Scan can do that by plotting their favorite SRSI (mine is SRSI 7,7,3,3) and then Create Scan Condition and then save it as an Indicator. Then one can use that Indicator in a Scan.

Steve R

 

 

Bruce_L
Posted : Friday, June 12, 2015 10:30:16 AM


Worden Trainer

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

Clicking on an indicator and selecting Create Scan Condition is almost always a better option than creating a Condition Formula to do the same thing.

You should really only be using formulas when the condition you want to create isn't available when selecting Create Scan Condition, when using OR instead of AND, for plotting Custom PCF Indicators, for combining multiple conditions into a single WatchList Column, for creating complicated relationships like candlestick formulas, for "since" type indicators or conditions and for experimentation to just learn about creating PCFs.

There may be other reasons, but that is what comes to mind. Otherwise a condition created by clicking on the chart and selecting Create Scan Condition is almost always going to be easier to do with the resulting condition being faster and more efficient than a Condition Formula designed to do the same thing.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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