| doji |
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Gold User, Member, Platinum User, TeleChart
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| Monday, January 24, 2005 |
| Friday, August 15, 2014 11:32:54 AM |
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Craig in a back post ,dated Sept. 29 2005 you put up a pcf for price divergence with TSV... Could you do a PCF like you did but using MACD 12,26,9 for say the last 20 days please? or using weekly time say 8 weeks?
Create the following PCF:
(AVGC5-AVGC5.5)*(AVG(TSV10,5)-AVG(TSV10.5,5))
When this returns a POSITIVE number, the price LR and TSV LR are "in step" with each other. WHen this returns a NEGATIVE number, the two are diverging (one sloped positive, one negative).
Create the PCF and then sort some WatchLists by them. You will get a clear sense between the values it returns and what you are seeing on the chart.
I am simplifying things greatly here but I bet you will find this more than gets the job done. Try it!
Once you get a sense of the values-to-chart relationship by sorting, you can easily limit the values when you use it in EasyScan.
- Craig
Here to Help!
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It would be nice if as much new insite that is being put into the new Blocks when its done, that we will do the same for the old tried and true TC2007. It would be nice to see some changes I know I have suggested several.
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Is it possible when you set up your different chart templates 1-12 to put up trend lines on one of the templates without having them show up when you switch templates on the template you swithched to? I need a suggestion on how to accomplish this without haveing trend lines show up on all my templates.And be able to keep a chart seperate with the trend lines on it that I can referance.
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Craig on the patterns that you put out for us to use, I tried the the tweezer top and tweezer bottom and they came up with a syntac error. Could you see what the problem might be. thank you
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when I make a easyscan for weekly charts and specify in it that I want average daily range of > 1.25 for the last 15 days. does this interpet it as 15 days or 3 bars which would be 15days on the weekly? thank you
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How do a creat a custom moving average? 15day exp of just the highs. Thank you
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Thank you for your help and explanations.
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Bruce I see the last part of the indicator is similar to what I have in the question above, what is the .00001 for. And how does this formula know if the close is higher than the open to add to the indicator or if the close is below the open to subtract from the indicator? Does it have something to do with the up condition and the down condition, if so it should be based on the open to the close not the close to the close ? Also once I have created this indicator can I save it or some how keep it on the list of indicators to use ? Thank you for your help
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Is it possible to make a custom indicator from this. ( close - open ) divided by ( high - low ) times the ( daily volume ). If the opening price is lower than the close, your net volume figure for the day will be positive and add to the previous days A/D line. If the close is below the opening,it is a negative and subtracted from previous days A/D line. You arbitrarily chose a base number, say 5,000 and then begin the process like an on balance volume line is constructed.
If stocks opening and closing are the same. No change is needed,carry forward yesterdays A/D line figure.
If the opening price is the same as the daily high and the closing price the same as the daily low, just subtract the days total volume from the previous days A/D figure.
if the opening price and the daily low are the same and the close and the high are the same, just add the days total volume to the previous days A/D figure. Thank you
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Thank you. If you don't mind a few days down the road I will just double check on the moving averages again just to comfort my own mind.
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