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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Percent filter around a moving average

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gsn
Posted : Tuesday, March 22, 2011 3:29:50 PM
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Joined: 11/13/2004
Posts: 121
 How do I create a percent filter around a moving average, such as a 6 percent filter of the 40-week average? I am working in TC2011. Any help appreciated.
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StockGuy
Posted : Tuesday, March 22, 2011 3:39:00 PM

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Joined: 9/30/2004
Posts: 9,187
 You want price to be within 6% of a 40 week average?

Create a PCF with the following formula and set the time frame on the PCF to Weekly.

C/AVGC40 < 1.06 and C/AVGC40 > .94
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