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Slider
Posted : Friday, March 23, 2012 3:33:40 PM
Registered User
Joined: 10/7/2004
Posts: 9

I've used certain technical indicators like stochastics for years and the TC2000 help file contain informatino on how to read it (overbougt/oversold, etc.). There are other indicators I am not familiar with like the currently discussed "PPO". I checked "Help" and there's not a word on interpretation or use. I see that problem for many indicators I'm not familair with in TC2000. WIl this isue be corrected or am I supposet to search the internet for help?

Bruce_L
Posted : Friday, March 23, 2012 3:58:44 PM


Worden Trainer

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

Our documentation focuses on the indicators and their settings within our programs. Indicator documentation is provided with little or no interpretation advice.

This is on purpose. If we are going to avoid writing a treatise on each indicator, we cannot provide a comprehensive guide on how to interpret each indicator.

Indicator interpretation can be both complex and subjective with different sources providing different ways of interpreting and utilizing the same indicator.

No matter how much we might write on how to interpret a particular indicator, an internet search would always provide more complete and detailed information with the added bonus of providing multiple points of view on how best to utilize a particular indicator.

As to the Price Percent Oscillator and Price Percent Oscillator Histogram indicators, about all I can say is that the interpretation is usally very similar to the interpretation of the MACD and MACD Histogram indicators. The trainers can't give setting, interpretation or investment advice.

Understanding MACD
05/04/2010 - MACD Rain: Choosing from Mixed Signals, guest Jackie Ann Patterson



-Bruce
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