Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Explosive Stock Moves Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
hagithe
Posted : Wednesday, February 21, 2018 3:37:50 AM
Platinum Customer Platinum Customer

Joined: 4/4/2013
Posts: 8

hello

need this formulYou take the number of periods for the stock.

- Next, you subtract the number of periods since that stock hit its highest high.

- Then, you divide that by the number of periods again.

- And finally, you multiply that answer by 100.

While that may seem like a mouthful, it is important for you to at least understand the big picture.

So two spots are marked "Number of Periods."

 

That's simply the adjustable window of time the formula uses to determine the strength of both momentum and gravity. To keep things simple, let's use 100 - meaning 100 days.

 

We're looking to find the right time frame to base a specific trade on.

Now, I've highlighted part of this formula labeled "Number of Periods Since Highest High."

 

What this represents is the number of days that have passed since this stock's share price reached its 100-day high point for the green momentum line.

Now, for the red line, it's the same formula - you are just calculating the number of days since this same stock's share price reached its 100-day lowest low point.

What this represents is the number of days that have passed since this stock's share price reached its 100-day high point for the green momentum line.

Now, for the red line, it's the same formula - you are just calculating the number of days since this same stock's share price reached its 100-day lowest low point.

thank u very very much
if u can also sent this to my email it will be great (email removed by moderator)
thanks again

 

Bruce_L
Posted : Wednesday, February 21, 2018 9:06:01 AM


Worden Trainer

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

You should be able to just add the built in Aroon indicator for this.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.