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Registered User
Joined: 12/22/2009
Posts: 8
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What would be the formula for creating an Indicator in Telechart for a 14-period MFI? Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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100 - 100 / (1 + ((H + L + C > H1 + L1 + C1) * (H + L + C) * V + (H1 + L1 + C1 > H2 + L2 + C2) * (H1 + L1 + C1) * V1 + (H2 + L2 + C2 > H3 + L3 + C3) * (H2 + L2 + C2) * V2 + (H3 + L3 + C3 > H4 + L4 + C4) * (H3 + L3 + C3) * V3 + (H4 + L4 + C4 > H5 + L5 + C5) * (H4 + L4 + C4) * V4 + (H5 + L5 + C5 > H6 + L6 + C6) * (H5 + L5 + C5) * V5 + (H6 + L6 + C6 > H7 + L7 + C7) * (H6 + L6 + C6) * V6 + (H7 + L7 + C7 > H8 + L8 + C8) * (H7 + L7 + C7) * V7 + (H8 + L8 + C8 > H9 + L9 + C9) * (H8 + L8 + C8) * V8 + (H9 + L9 + C9 > H10 + L10 + C10) * (H9 + L9 + C9) * V9 + (H10 + L10 + C10 > H11 + L11 + C11) * (H10 + L10 + C10) * V10 + (H11 + L11 + C11 > H12 + L12 + C12) * (H11 + L11 + C11) * V11 + (H12 + L12 + C12 > H13 + L13 + C13) * (H12 + L12 + C12) * V12 + (H13 + L13 + C13 > H14 + L14 + C14) * (H13 + L13 + C13) * V13) / ((H + L + C < H1 + L1 + C1) * (H + L + C) * V + (H1 + L1 + C1 < H2 + L2 + C2) * (H1 + L1 + C1) * V1 + (H2 + L2 + C2 < H3 + L3 + C3) * (H2 + L2 + C2) * V2 + (H3 + L3 + C3 < H4 + L4 + C4) * (H3 + L3 + C3) * V3 + (H4 + L4 + C4 < H5 + L5 + C5) * (H4 + L4 + C4) * V4 + (H5 + L5 + C5 < H6 + L6 + C6) * (H5 + L5 + C5) * V5 + (H6 + L6 + C6 < H7 + L7 + C7) * (H6 + L6 + C6) * V6 + (H7 + L7 + C7 < H8 + L8 + C8) * (H7 + L7 + C7) * V7 + (H8 + L8 + C8 < H9 + L9 + C9) * (H8 + L8 + C8) * V8 + (H9 + L9 + C9 < H10 + L10 + C10) * (H9 + L9 + C9) * V9 + (H10 + L10 + C10 < H11 + L11 + C11) * (H10 + L10 + C10) * V10 + (H11 + L11 + C11 < H12 + L12 + C12) * (H11 + L11 + C11) * V11 + (H12 + L12 + C12 < H13 + L13 + C13) * (H12 + L12 + C12) * V12 + (H13 + L13 + C13 < H14 + L14 + C14) * (H13 + L13 + C13) * V13 - .00001))
MFI Indicator?
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/22/2009
Posts: 8
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Thanks Bruce...much appreciated.
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Registered User
Joined: 10/7/2004
Posts: 794
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what would be the MFI index for 5 period
Thank you in advance!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Please try the following:
100 - 100 / (1 + ((H + L + C > H1 + L1 + C1) * (H + L + C) * V + (H1 + L1 + C1 > H2 + L2 + C2) * (H1 + L1 + C1) * V1 + (H2 + L2 + C2 > H3 + L3 + C3) * (H2 + L2 + C2) * V2 + (H3 + L3 + C3 > H4 + L4 + C4) * (H3 + L3 + C3) * V3 + (H4 + L4 + C4 > H5 + L5 + C5) * (H4 + L4 + C4) * V4) / ((H + L + C < H1 + L1 + C1) * (H + L + C) * V + (H1 + L1 + C1 < H2 + L2 + C2) * (H1 + L1 + C1) * V1 + (H2 + L2 + C2 < H3 + L3 + C3) * (H2 + L2 + C2) * V2 + (H3 + L3 + C3 < H4 + L4 + C4) * (H3 + L3 + C3) * V3 + (H4 + L4 + C4 < H5 + L5 + C5) * (H4 + L4 + C4) * V4 - .00001))
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/7/2004
Posts: 794
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Thank you Bruce
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Registered User
Joined: 3/10/2013
Posts: 41
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Hi Bruce,
Can you please provide a MFI PCF for 50 days and is there way to do a PCF crossing above or below the zero line for this MFI(50). Thank you Aubrey
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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They Money Flow Index is actually built into TC2000 v12.5 as an indicator, so you don't need to recreate it using a PCF. You can just add it as an indicator and then click on it and select Create Scan Condition to create the desired condition.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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