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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » custom indicators

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CarGuy
Posted : Sunday, October 29, 2006 8:54:32 PM
Registered User
Joined: 10/7/2004
Posts: 9
 In the Worden report dated 10/5/06 there was a reader submission with an easyscan and a chart setup. I have been playing with it, and it looks quite promising, but I would like clarification on the custom indicator. I have written some pcf's, but have not encountered xavg. The formula is xavgc3/avgc7. What is the significance of xavg?
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diceman
Posted : Sunday, October 29, 2006 9:33:25 PM
Registered User
Joined: 1/28/2005
Posts: 6,049
 XAVG is an exponential moving average.

XAVGC3 is a three period exp average of the close.
XAVGC7 is a seven period exp average of the close.

(AVG would be a simple moving average)

Thanks
diceman
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Craig_S
Posted : Monday, October 30, 2006 8:16:14 AM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
 Here are a few resources to check out:

Handy PCF example formulas to help you learn the syntax of PCFs!

Constructing more versatile and reusable Personal Criteria Formulas
- Craig
Here to Help!
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