Registered User Joined: 10/7/2004 Posts: 5
|
Hello,
Im loooking at daily individual histogram values of Chaikin Money Flow 21 and TSV 21. It seems like for each CMF bar, the values range from a negative decimal number to a positive decimal number. (e.g. from -0.21 to +0.25 or more.
For TSV 21, it ranges from a negative whole number to a positive whole number (e.g -200K to 959K), or more.
Is there a pre-built scan or PCF which can tell me if the TSV21 or CMF21 is turning positive (from a previous x bars of being negative) or turning negative from previous x bars of being positive?
Your help is much appreciated.
Thanks.
Phil
|
Worden Trainer
Joined: 10/7/2004 Posts: 65,138
|
The easist way I know of to create a condition for changing direction is to add a 2 period exponential moving average. Then you can create a condition for the indicator going from down to up (crossing up the moving average) or going from up to down (crossing down the moving average).
If you are just interested in crossing up or down through zero, those conditions can be create by clicking on the chart and selecting Create Condition... and then choosing Crossing Up Value or Crossing Down Value.
-Bruce Personal Criteria Formulas TC2000 Support Articles
|