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 Gold Customer
Joined: 10/7/2004
Posts: 8
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How do you combine or merge any two indicators into one? More specifically, I wish to merge a TSV18 with a Wilder's RSI14, period 1. Can you help? Thank you.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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How do you want to "merge" them? Do you want to add their values together? Multiply them?
- Craig
Here to Help!
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Gold Customer
Joined: 10/7/2004
Posts: 8
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I'm not sure how. I want to combine the values from the two indicators into one custom indicator. I attended a presentation by investor and author Mark L. Larson, where he was able to combine the indicators which displayed a combined value that differed from the individual values of the two separately. Sorry that I can't offer any other info.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Unless I know HOW you want them combined, I can't combine them. You may want to ask Mr. Larson how he combines them.
- Craig
Here to Help!
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Gold Customer
Joined: 10/7/2004
Posts: 8
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Alright thanks, I appreciate you looking into the combination. I will have to contact Mark and ask him how he put them together.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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CMTrapani,
My understanding is that this idea is something he offers only to the students of his paid seminars. We are unable to provide the settings for his idea here. The settings are available through Mr. Larson's seminars. You may wish to review the following:
Indicator
Creating a Scan with TSV 18 and RSI 14 as one joint indicator with a centeline
wilder's rsi + tsv
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/31/2004
Posts: 18
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How do you want to "merge" them? Do you want to add their values together? Multiply them?[/QUOTE]
i am trying to plot the results of 2 indicators together. I want to ADD 1 result to another result
tks in advance marty
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I'm not sure how useful it would be since they are on completely different Scales, but a formula for a Simple TSV18 added to a completely unsmoothed 14-Period RSI could be written as:
TSV18 + RSI14
Any changes in settings would require a different formula.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/31/2004
Posts: 18
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ok, good point about the scales
what about a stoc and rsi
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The formula would depend on your particular Stochastics settings:
Understanding Stochastics
But let's say you wanted to add a raw 10-Period Stochastic to the completely unsmoothed 14-Period RSI:
STOC10 + RSI14
PCF Formula Descriptions
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/31/2004
Posts: 18
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ok tks, i thought it would have been more complicated thats whaqt i get for thinking sometimes tks again
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Administration
Joined: 9/30/2004
Posts: 9,187
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If your talking about a stochastic of an RSI plot, TC2000 has an indicator called Stochastic RSI.
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Registered User
Joined: 12/31/2004
Posts: 18
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k i'l see how it looks tks
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