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How to create Zahorchak Method Indicator? Rate this Topic:
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IsItPossible
Posted : Tuesday, November 13, 2018 8:14:34 PM
Registered User
Joined: 7/7/2008
Posts: 115

Its hard to find elaborate article on this method on internet, but here is a recent link.

 

Originally Zahorchak method is used as a Breadth Indicator on overall market, however it can also be used on Stocks for trending. Check table B in the link.

 

Items needed to create the weekly indicator:

1. 5 week Moving Average

2. 15 week Moving Average

3. 40 week Moving Average

 

Is it possible to build such indicator using PCF?

 

Any help is much appreciated.

 

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