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 |

Forecast Oscillator 17 Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
rocky
Posted : Saturday, September 22, 2018 8:02:25 AM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 54

As of Friday’s close (9-21-18) the closing price of the SPY was 291.99.  The Forecast Oscillator 17 on Stock Finder 4 was 0.39.  I have tried (with your help) to create a Forecast Oscillator 17 in TC 20000.  My reading on TC for the Forecast Oscillator 17 was 0.05.  Below is the formula that I used to create the F.O 17:

100 * (C - (AVGC17.1 + 7.5 * (6.5 * C1 + 5.5 * C2 + 4.5 * C3 + 3.5 * C4 + 2.5 * C5 + 1.5 * C6 + .5 * C7 - .5 * C8 - 1.5 * C9 - 2.5 * C10 - 3.5 * C11 - 4.5 * C12 - 5.5 * C13 - 6.5 * C17) / 227.5)) / C

 

Can you tell me what I have done wrong and why the difference between SF 4 and TC2K?

 

Thank you in advance for your help

Bruce_L
Posted : Monday, September 24, 2018 11:22:58 AM


Worden Trainer

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

The formula looks like it was for a 14 period forecast oscillator and then modified by just changing one instance of 17 to 13 instead (this will not work). Please try the following indicator formula instead.

100 * (1 - (27 * FAVGC17.1 - 19 * AVGC17.1) / 8 / C)



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
rocky
Posted : Monday, September 24, 2018 12:20:34 PM
Gold Customer Gold Customer

Joined: 10/7/2004
Posts: 54

As always Bruce I am grateful for your help

Bruce_L
Posted : Monday, September 24, 2018 12:21:18 PM


Worden Trainer

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

You're welcome.



-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.