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Registered User Joined: 10/28/2008 Posts: 11
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Hello,
How could I add a condition into my watch list to see which of them have their RS above their MovAvg 50 ?
Example:
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I'v a watch list for all canadian gold mines and I use a Relative Strength vs "ITTGD.to" TSX Gold sector index to see if the stock performs better than its industry.
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I also added a MovAvg50 on the RS.
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Now, I would like to add a "Condition column" to get a flag for those of them who they have their RS above their MovAvg50.
Could I do this ?
Best regards,
Dens
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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It is not currently possible to create chart based Conditions based on Relative Strength in TC2000 version 12.1. Nor is there an automated method of creating Condition Formulas for Relative Strength. You may wish to review the following for a semi-automated technique for creating Relative Strength in a PCF:
RSMA PCFs
Indexes in PCF's
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 10/28/2008 Posts: 11
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ok, Thank you Bruce!
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Registered User Joined: 10/7/2004 Posts: 29
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StockFinder
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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startec,
Are you suggesting the Dens use StockFinder to do this or asking how it would be done using StockFinder?
You can in fact right-click on a Relative Strength vs Symbol Indicator in StockFinder and select Create Condition to create a working Condition.
You can also add a Rate of Change (Percent) of Indicator to the Relative Strength vs Symbol Indicator and right-click on it to create a working Condition as well to determine relative performances over time.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 10/7/2004 Posts: 29
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I am suggesting that StockFinder is the program to use if a user is interested in Relative Strength conditions, scanning or sorting..
V12 will create a condition, add a column, but will not add any condition info to the column.
I should have added more words to my initial response..
Thanks
Mike
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Thank you. I'm sure others will appreciate the suggestion as well.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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