Gold Customer
Joined: 10/7/2004 Posts: 54
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I really would like a Twiggs Money Flow indicator in TC2K version 17. I gave up on asking WB to add the indicator themselves. I've looked for a pcf. I saw that Bruce L. was going to try to create a pcf for TMF within a time frame of 48 hours several years back but I cannot find it. Is there a pcf for Twiggs? I know it is on SF but I run TC2K for real time and research indicators on SF4. I would like a TMF for a 21 period.
Thanks in advane for any help. - Rocky
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Administration
Joined: 9/30/2004 Posts: 9,187
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I'm not sure how to handle the Wilder's smoothing method, but here it is using regular exponential moving averages:
XAVG(((C - IIF(L<C1,L,C1)) - (IIF(H>C1,H,C1) - C)) / (IIF(H>C1,H,C1) - IIF(L<C1,L,C1)) * V, 21) / XAVGV21
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Registered User Joined: 1/28/2005 Posts: 6,049
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See this:
http://forums.worden.com/default.aspx?g=posts&t=4014
Thanks
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Gold Customer
Joined: 10/7/2004 Posts: 54
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Thank you Stock Guy. I have been a TC2K customer since the 90's when the program was not real time and it was run in DOS. TC2K is still the best charting program that I have every used especially for the price.
I am grateful to you for your help.
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