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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Midpoint Scaled with Price

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kurt_clark
Posted : Thursday, April 18, 2013 12:08:18 PM
Registered User
Joined: 1/7/2012
Posts: 73

Hello,

When I use the midpoint indicator PCF ((H - L) / 2) and choose scale with price, the indicator does not appear on the chart.  However, if I choose scale by itself it does appear.

What do I need to change?

Thanks
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Bruce_L
Posted : Thursday, April 18, 2013 12:10:33 PM


Worden Trainer

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

The formulas needs to be:

(H + L) / 2

Instead of:

(H - L) / 2


-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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kurt_clark
Posted : Thursday, April 18, 2013 12:23:06 PM
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Joined: 1/7/2012
Posts: 73

Thanks
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kurt_clark
Posted : Thursday, April 18, 2013 12:28:53 PM
Registered User
Joined: 1/7/2012
Posts: 73

I guess what I have is range.
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Bruce_L
Posted : Thursday, April 18, 2013 12:31:15 PM


Worden Trainer

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

Yes, your formula returns half of the range instead of the midpoint.


-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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