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Registered User Joined: 7/15/2009 Posts: 34
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How can I create an Exponential MOMENTUM moving average The feed is from a moving average
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Add Momentum to the chart and adjust its settings as desired. Then add a Moving Average - Exponential and choose the Momentum indicator when prompted.
Adding and Moving Indicators
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 7/15/2009 Posts: 34
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Yes that's what I'm doing
I want to create an indicator that reflects what you described
Thanks In Advance
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The directions I gave creates an indicator.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 7/15/2009 Posts: 34
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Well I guess I do not explain myself sorry
I mean how can I create an indicator in a formula so that I can do an Easy Scan
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You don't need to create a formula to create an EasyScan. You can click on the moving average and select Create Scan Condition to create a Condition based on the indicator to use in the EasyScan.
Create Conditions from Your Chart
Building a Scan with Multiple Conditions
If you do want or need to create an Indicator Formula for the indicator instead of doing it the easy way for some reason, we would need to know the periods of both the momentum indicator and the exponential moving average.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 7/15/2009 Posts: 34
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Thanks
How can I specify that the current rating is higher than the previous bar ( I do not know the previous result)
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Click on the moving average and select Create Scan Condition. Then choose Moving Up Net from the Condition drop-down menu in the window that comes up. Set the period to 1 and the net change to 0.
There is a video referenced in my Thursday, May 16, 2013 1:27:21 PM ET post demonstrating the basic technique.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 7/15/2009 Posts: 34
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Thanks
you are very helpful
I have another question and I think this one is the last for now...
Can I create a condition in which the previous day was lower than 2 days ago?
Thank you for your kindness and patience
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Well you could use the same basic technique outlined above. Click on price and select Create Scan Condition. Choose Moving Down Net from the Condition drop-down menu in the window that comes up. Set the period to 2 and the net change to 0.
You could also create this as a Condition Formula rather easily.
C < C2
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 7/15/2009 Posts: 34
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Thanks a lot
I'll try it out
all the best
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Registered User Joined: 7/15/2009 Posts: 34
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THANKS BUT I'M USING THE SCANS AND IT IS REALLY HELPFUL BUT I DIDN'T FIND OUT HOW TO CREATE A SITUATION IN WHICH CONDITIONS HAPPENS AFTER ANOTHER CONDITION HAPPENS ( IN THIS CASE 1-4 BARS AGO) IN WHICH THE MOMENTUM CROSSED THE EXPONENTIAL MOM AVERAGE ( UP / DOWN) 1-4 BARS AGO I CHECKED IT WITH THE HELP DESK AND THEY DO NOT FOUND A SOLUTION
THANKS
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I am not sure what you are trying to do exactly. What do you need in addition to the method described in the momentum topic?
If you have multiple requirements with a variable number of bars between when the requirements happen, but where the requirements must happen in a specific order, the only way I can think of to do this would be to count the number of bars ago that both requirements happened and then compare the counts. The Days Since Last Peak (or other day-counting needs) topic explores how to create such formulas.
That said, while it would be possible to create an Indicator Formula returning how many bars ago C < C2 was most recently true, a similar formula for Momentum crossing through its own exponential moving average would be too long and slow to be practical or post in the forums.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 7/15/2009 Posts: 34
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THANKS
I'M SORRY I DIDN'T READ YOUR LAST RESPONSE THAT'S WHY I WROTE THE SECOND POST SO IT'S NOT VALID BUT I STILL DO NOT UNDERSTAND WHERE CAN I GET MATERIAL TO UNDERSTAND THE Condition Formula as the Boolean Formula in a Custom PCF % True Indicator with the Period set to 5 and the Average Type set to Simple. The Custom PCF % True Indicator will only be greater than 0 if the Boolean Formula was true at least one during the most recent 5-bars.
This allows you to create a Condition for this by clicking on the Custom PCF % True Indicator and selecting Create Scan Condition. You would set the Condition to Greater Than 0.
THANKS IN ADVANCE
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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If the instructions in my Monday, June 03, 2013 3:06:36 PM ET post in the momentum topic are not adequate, I do not know how to break down the process any further. Watch the videos and try to do each step in the order given.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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