+-(H+-+C)+%2f+(H+-+C)++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++&width=100&height=100)
Registered User
Joined: 2/24/2005
Posts: 5
|
HELP ME WITH THIS AND USE IT THE BOTTOM WINDOW AND HAVE THE RESULTS LISTED IN A NEW WATCHLIST :
STOC10-100< OR >=.8
ALSO,A NEW TOPIC.
I WANNT TO CORRELATE A STOCK INDEX,EXAMPLE
NDX WITH ANY OTHER INDEX IN MY WATCHLIST FROM ONE TO FIVE DAYS LATER.
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
William's %R runs from -100 to 0 and well never be .8 or greater. You may wish to try one or more of the following Boolean Personal Criteria Formulas as EasyScan Conditions:
10-Period Williams%R < -80:
STOC10 - 100 < (-80)
10-Period Williams%R >= -80:
STOC10 - 100 >= (-80)
10-Period Williams%R > -20:
STOC10 - 100 > (-20)
10-Period Williams%R <= -20:
STOC10 - 100 <= (-20)
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
Handy PCF example formulas to help you learn the syntax of PCFs!
PCF Formula Descriptions
These can be plotted as Custom Percent True Indicators:
Select Chart Template | Add Indicator | Percent True.
- Visible: Checked
- Smoothing Average: 1
- Average Type: Doesn't matter (because the Smoothing Average is 1)
- Boolean Formula: Use one of the above.
Visually Backtesting Specific Symbols
If you just want to plot the 10-Period Williams%R, you can do this as a Custom Indicator:
Select Chart Template | Add Indicator | Indicator.
- Center Zero Line: Unchecked
- Plot using price scale: Unchecked
- Smoothing Average: 1
- Average Type: Doesn't matter (because the Smoothing Average is 1)
- Indicator Formula: STOC10 - 100
Plotting Custom Indicators with Examples
That said, you are probably better off just plotting a Stochastic Indicator and mentally subtracting 100 because Custom Indicators in TeleChart are AutoScaled.
Understanding Stochastics
Adding, removing and saving indicators to a chart template
TeleChart's Personal Criteria Formula Language does not have syntax for referencing other symbols or fundamentals. As a result, I do not know of a way to write a correlation formula in TeleChart. There is a Correlation Block in Blocks however:
Correlation Indicator for Blocks
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|