Registered User Joined: 2/5/2013 Posts: 8
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Is it possible to write an indicator that will show the percent difference between two different moving averages? For example if I wanted to know how much the Moving average close for 5 days was below the moving average close for 20 days; but instead of showing it as thenumber value the percent value.
Let us sar the 20 day moving average is 100 and the 5 day moving is 97 the number difference 5 day moving average would be about .0309278% below the 20 day moving average. If I could put that in a column, then I could sort the column an see which stocks were the greatest percent difference above or below the other average.
I know how to manually do it but have the program would be a great time saver, if it is possible to do that.
THANK YOU
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Registered User Joined: 2/5/2013 Posts: 8
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On the above post thank you, but I have already figured out how to write the indicator and make the sort .
Again THANKS
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I'm not sure what technique you eventually used, but probably the easiest way to do this is to add a Price Percent Oscillator (PPO) indicator to the chart.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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