Registered User
Joined: 1/24/2005
Posts: 22
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Is it possible to convert the one-week MoneyStream Surge formula from a PCF into a Telechart or Blocks indicator? I've been trading AAPL and noting the decline in One-Week MoneyStream Surge, for several days now. As an example, this past Thursday, its reading for AAPL was -10.33 and on Friday it was -40.36.
This presently requires that I note the one-week MoneyStream Surge readings, for individual stocks, before I update Telechart EOD for the day--which is very inconvenient. If I could have this information on
a chart, with the past days readings, it would be most helpful. In Blocks, for example the rate-of-change of this reading, day-by-day, could be added to a watchlist column, for potentially thousands of stocks.
Thanking you in advance for any assistance.
Leon
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I do not know of a way to do this in Blocks because there a MoneyStream Block does not currently exist in Blocks.
You could create this as a Custom Indicator in TeleChart however:
Select Chart Template | Add Indicator | Indicator.
- Visible: Checked
- Center Zero Line: Checked
- Plot using price scale: Unchecked
- Smoothing Average: 1
- Average Type: Doesn't matter (because the Smoothing Average is 1)
- Indicator Formula: 100 * (MS1 - MS1.5) / (MAX(MS1,99) - MIN(MS1,99))
You may wish to review the following:
Plotting Custom Indicators with Examples
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
Definitions of all built in scanning and sorting criteria
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 1/24/2005
Posts: 22
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Thank you, Bruce!
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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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