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Ranking Calculation Rate this Topic:
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Royal
Posted : Friday, December 7, 2012 3:47:09 PM
Platinum Customer Platinum Customer

Joined: 10/7/2004
Posts: 127

I would like to create a custom indicator that is the watchlist ranking of the product of two sub rankings.  

Ranking #1 = Stochastic Slow Line %D Value

Ranking #2 = Weekly Change of the Fast Line %K

>>>Then (Rank #1) * (Rank #2) = X

>>>Then Rank X

 

How would this be accomplished?

Bruce_L
Posted : Friday, December 7, 2012 4:03:19 PM


Worden Trainer

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

Add the indicators you want to the rank and then adjust the settings as desired.

Working with Indicators

You can then click on each of the indicators in turn and select Create Market Indicator (choosing the WatchList against which you wish to rank and other settings).

Creating Market Indicators

Then drag and drop the two market indicators onto each other and select Plot Comparison | Multiply.

Comparison Plots

You would then need to click on the Comparison Plot and select Create Market Indicator to get your final plot.

You should be able to delete all of the plots except the final plot after it is created.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Royal
Posted : Friday, December 7, 2012 5:42:17 PM
Platinum Customer Platinum Customer

Joined: 10/7/2004
Posts: 127

Thanks Bruce.  Can this be done in some way in tc2000?

Bruce_L
Posted : Friday, December 7, 2012 6:59:10 PM


Worden Trainer

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

No. I do not know of a way to do this in either version of TC2000 at all.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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