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Registered User Joined: 10/7/2004 Posts: 76
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How can I create a PCF for TRIX so I can create a custom scan base on TRIX
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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How do you wish to calculate TRIX and what Period do you wish to use?
TRIX I:
1) EMA(1): Calculate the P-period EMA of closing price.
2) EMA(2): Calculate the P-period EMA of EMA(1).
3) EMA(3): Calculate the P-period EMA of EMA(2).
4) TRIX: (EMA(3)[today] - EMA(3)[yesterday]) / EMA(3)[yesterday]
TRIX II:
1) EMA(1): Calculate the P-period EMA of the logarithm of closing price.
2) EMA(2): Calculate the P-period EMA of EMA(1).
3) EMA(3): Calculate the P-period EMA of EMA(2).
4) TRIX: EMA(3)[today] - EMA(3)[yesterday]
TRIX III:
1) EMA(1): Calculate the P-period EMA of closing price.
2) EMA(2): Calculate the P-period EMA of EMA(1).
3) EMA(3): Calculate the P-period EMA of EMA(2).
4) TRIX: EMA(3)[today] - EMA(3)[yesterday]
How to plot TRIX - triple exponential average
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 2/1/2006 Posts: 98
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Can you help me with the 2nd TRIX method for a period of 7?
Thank you much for your help,
-mjtran
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Please try the following:
Cascades of Moving Averages
.0156374759289325 * (LOG(C ) - LOG(C1) + .75 * (3 * (LOG(C1) - LOG(C2)) + .75 * (6 * (LOG(C2) - LOG(C3)) + .75 * (10 * (LOG(C3) - LOG(C4)) + .75 * (15 * (LOG(C4) - LOG(C5)) + .75 * (21 * (LOG(C5) - LOG(C6)) + .75 * (28 * (LOG(C6) - LOG(C7)) + .75 * (36 * (LOG(C7) - LOG(C8)) + .75 * (45 * (LOG(C8) - LOG(C9)) + .75 * (55 * (LOG(C9) - LOG(C10)) + .75 * (66 * (LOG(C10) - LOG(C11)) + .75 * (78 * (LOG(C11) - LOG(C12)) + .75 * (91 * (LOG(C12) - LOG(C13)) + .75 * (105 * (LOG(C13) - LOG(C14)) + .75 * (120 * (LOG(C14) - LOG(C15)) + .75 * (136 * (LOG(C15) - LOG(C16)) + .75 * (153 * (LOG(C16) - LOG(C17)) + .75 * (171 * (LOG(C17) - LOG(C18)) + .75 * (190 * (LOG(C18) - LOG(C19)) + .75 * (210 * (LOG(C19) - LOG(C20)) + .75 * (231 * (LOG(C20) - LOG(C21)) + .75 * (253 * (LOG(C21) - LOG(C22)) + .75 * (276 * (LOG(C22) - LOG(C23)) + .75 * (300 * (LOG(C23) - LOG(C24)) + .75 * (325 * (LOG(C24) - LOG(C25)) + .75 * (351 * (LOG(C25) - LOG(C26)) + .75 * (378 * (LOG(C26) - LOG(C27)) + .75 * (406 * (LOG(C27) - LOG(C28)) + .75 * (435 * (LOG(C28) - LOG(C29)) + .75 * (465 * (LOG(C29) - LOG(C30)) + .75 * (496 * (LOG(C30) - LOG(C31)) + .75 * (528 * (LOG(C31) - LOG(C32)) + .75 * (561 * (LOG(C32) - LOG(C33)) + .75 * (595 * (LOG(C33) - LOG(C34)) + .75 * (630 * (LOG(C34) - LOG(C35)) + .75 * (666 * (LOG(C35) - LOG(C36)) + .75 * (703 * (LOG(C36) - LOG(C37)) + .75 * (741 * (LOG(C37) - LOG(C38)) + .75 * (780 * (LOG(C38) - LOG(C39)))))))))))))))))))))))))))))))))))))))))
-Bruce Personal Criteria Formulas TC2000 Support Articles
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