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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Awesome Oscillator

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webejammen
Posted : Friday, January 27, 2012 10:19:31 AM
Gold Customer Gold Customer

Joined: 8/8/2011
Posts: 1
 I am running TC2000 version 12.0 and was wondering if the “AO – Awesome Oscillator” by Rill M. Williams can be programmed into the software?
Thanks
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Bruce_L
Posted : Friday, January 27, 2012 10:22:22 AM


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Joined: 10/7/2004
Posts: 65,138
 To add the Awesome Oscillator, select Add Indicator | Custom PCF Indicator, then click on the Custom PCF Indicator and select Edit.

- Plot Style: Histogram
- Plot Color: Doesn't matter (can't currently recreate the colors of the actual indicator).
- Negative Value Color: Unchecked (although this is really up to you).
- Period: 1
- Average Type: Doesn't matter (because the Period is 1).
- Formula: (AVGH5 + AVGL5 - AVGH34 - AVGL34) / 2
-Bruce
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check9255
Posted : Saturday, November 3, 2018 4:13:43 PM
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Joined: 4/19/2012
Posts: 7

WHAT IS EQUAL SO-SO IN TC2000/18 TO Awesome oscillator in think or swim

check9255@yahoo.com

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StockGuy
Posted : Sunday, November 4, 2018 11:43:57 AM

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Joined: 9/30/2004
Posts: 9,187

http://help.tc2000.com/m/69445/l/745033-indicator-formula-template-table

(AVG(H + L, 5) - AVG(H + L, 34)) / 2

 

 
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check9255
Posted : Monday, November 5, 2018 9:58:32 AM
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Joined: 4/19/2012
Posts: 7

THANKS / STOCKGUY WILL TRY IT/ IS THERE ANY WAY TO MAKE IT AN INDICATOR?
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Bruce_L
Posted : Monday, November 5, 2018 10:01:40 AM


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Joined: 10/7/2004
Posts: 65,138

Just use the formula in a Custom PCF Indicator.


-Bruce
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check9255
Posted : Monday, November 5, 2018 10:07:41 AM
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Joined: 4/19/2012
Posts: 7

QUOTE (check9255)

THANKS / STOCKGUY WILL TRY IT/ IS THERE ANY WAY TO MAKE IT AN INDICATOR?

N/A CAN IT BE TURNED INTO A MOVING AVG?
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Bruce_L
Posted : Monday, November 5, 2018 10:17:34 AM


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Joined: 10/7/2004
Posts: 65,138

I am not sure what you are asking. It is an oscillator that goes up and down through zero, it isn't really designed to be plotted on the same pane and scale as price like a moving average.

It is composed of two moving averages which could be plotted in the same pane and scale as price however.

You would plot these using Custom PCF Indicators as well. The first Custom PCF Indicator would use the following formula.

AVG(H + L, 5)

And the second Custom PCF Indicator would use the following formula.

AVG(H + L, 34)


-Bruce
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Aces4Me
Posted : Sunday, November 18, 2018 11:54:07 AM
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Joined: 4/30/2015
Posts: 197

Bruce How can we create a divergence scanner

Bullish divergence with a look back 100 bars,  Price making a lower low and awesome oscillator making a higher low and oscillator value below Zero Line

 

and reverse 

 

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Bruce_L
Posted : Monday, November 19, 2018 1:01:03 PM


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Joined: 10/7/2004
Posts: 65,138

I can give you the general structure of the formula out to where the first low can be up to 6 bars ago, but it gets too long and slow to be practical or post in the forums if you go out any further than that.

AVG(H1 + L1, 5) < AVG(H1 + L1, 34) AND TrueInRow(AVG(H + L, 5) - AVG(H + L, 34) > AVG(H1 + L1, 5) - AVG(H1 + L1, 34), 2) = 1 AND L1 < IIF(AVG(H3 + L3, 5) < AVG(H3 + L3, 34) AND TrueInRow(AVG(H2 + L2, 5) - AVG(H2 + L2, 34) > AVG(H3 + L3, 5) - AVG(H3 + L3, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) > AVG(H3 + L3, 5) - AVG(H3 + L3, 34), L2, L1), IIF(AVG(H4 + L4, 5) < AVG(H4 + L4, 34) AND TrueInRow(AVG(H3 + L3, 5) - AVG(H3 + L3, 34) > AVG(H4 + L4, 5) - AVG(H4 + L4, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) > AVG(H4 + L4, 5) - AVG(H4 + L4, 34), L3, L1), IIF(AVG(H5 + L5, 5) < AVG(H5 + L5, 34) AND TrueInRow(AVG(H4 + L4, 5) - AVG(H4 + L4, 34) > AVG(H5 + L5, 5) - AVG(H5 + L5, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) > AVG(H5 + L5, 5) - AVG(H5 + L5, 34), L4, L1), IIF(AVG(H6 + L6, 5) < AVG(H6 + L6, 34) AND TrueInRow(AVG(H5 + L5, 5) - AVG(H5 + L5, 34) > AVG(H6 + L6, 5) - AVG(H6 + L6, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) > AVG(H6 + L6, 5) - AVG(H6 + L6, 34), L5, L1), IIF(AVG(H7 + L7, 5) < AVG(H7 + L7, 34) AND TrueInRow(AVG(H6 + L6, 5) - AVG(H6 + L6, 34) > AVG(H7 + L7, 5) - AVG(H7 + L7, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) > AVG(H7 + L7, 5) - AVG(H7 + L7, 34), L6, L1), L1)))))

The inverse has the same limitations.

AVG(H1 + L1, 5) > AVG(H1 + L1, 34) AND TrueInRow(AVG(H + L, 5) - AVG(H + L, 34) < AVG(H1 + L1, 5) - AVG(H1 + L1, 34), 2) = 1 AND H1 > IIF(AVG(H3 + L3, 5) > AVG(H3 + L3, 34) AND TrueInRow(AVG(H2 + L2, 5) - AVG(H2 + L2, 34) < AVG(H3 + L3, 5) - AVG(H3 + L3, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) < AVG(H3 + L3, 5) - AVG(H3 + L3, 34), H2, H1), IIF(AVG(H4 + L4, 5) > AVG(H4 + L4, 34) AND TrueInRow(AVG(H3 + L3, 5) - AVG(H3 + L3, 34) < AVG(H4 + L4, 5) - AVG(H4 + L4, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) < AVG(H4 + L4, 5) - AVG(H4 + L4, 34), H3, H1), IIF(AVG(H5 + L5, 5) > AVG(H5 + L5, 34) AND TrueInRow(AVG(H4 + L4, 5) - AVG(H4 + L4, 34) < AVG(H5 + L5, 5) - AVG(H5 + L5, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) < AVG(H5 + L5, 5) - AVG(H5 + L5, 34), H4, H1), IIF(AVG(H6 + L6, 5) > AVG(H6 + L6, 34) AND TrueInRow(AVG(H5 + L5, 5) - AVG(H5 + L5, 34) < AVG(H6 + L6, 5) - AVG(H6 + L6, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) < AVG(H6 + L6, 5) - AVG(H6 + L6, 34), H5, H1), IIF(AVG(H7 + L7, 5) > AVG(H7 + L7, 34) AND TrueInRow(AVG(H6 + L6, 5) - AVG(H6 + L6, 34) < AVG(H7 + L7, 5) - AVG(H7 + L7, 34), 2) = 1, IIF(AVG(H + L, 5) - AVG(H + L, 34) < AVG(H7 + L7, 5) - AVG(H7 + L7, 34), H6, H1), H1)))))


-Bruce
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Aces4Me
Posted : Monday, November 19, 2018 11:43:19 PM
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Joined: 4/30/2015
Posts: 197

Thanks

 
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Bruce_L
Posted : Tuesday, November 20, 2018 8:00:56 AM


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Joined: 10/7/2004
Posts: 65,138

You're welcome.


-Bruce
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