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Profile: lpz
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User Name: lpz
Groups: Gold User, Member, TeleChart
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Joined: Thursday, October 13, 2005
Last Visit: Saturday, December 24, 2005 7:46:06 PM
Number of Posts: 13
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Last 10 Posts
Topic: 10hma with a 8lma based on price.
Posted: Monday, December 12, 2005 12:37:06 PM
I have been trying to come up with a scan to show me the simple ma for 10h and 8l based on the price. I cannot get it to work correctly. I have an example of how the chart should look. How can I get a copy of this screen shot to you. This screen shot is of another s/w package. I am sure there must be away for this to be accomplished with TC2K
Thank you
LPZ

Topic: create a price channel
Posted: Saturday, November 26, 2005 10:08:25 AM
I am not sure my request is really a channel. I want a 10smah for the top line and an 8smal for the bottom line
Topic: create a price channel
Posted: Saturday, November 26, 2005 10:00:06 AM
Please tell me how to write a formula creating a price channel
Using a 10 period simple moving average of the price high and a 8 period simple moving average of the price low.
Thank you
Topic: Williams a/d
Posted: Thursday, November 10, 2005 2:31:23 PM
Thanks:
I will checkit out tonight.
Topic: Williams a/d
Posted: Thursday, November 10, 2005 1:40:36 PM
This is the information I was looking for to explain what I am trying to do.



The "Scan" is just a pane on a Trade Navigator template containing:
1- Percent R-value 14(bars used in calculations)
2- Williams Accumulation/Distribution
3- horizontal (dotted) line-value 95
4- horizontal (dotted) line-value 5

When the lines - on a six month (daily) chart - cross above the 95% line, the stock(price) will head down, usually within just a few days. When they cross below the 5% line it will head up, again within a few days. Occasionally the stock will start to move, but hover around the horizontal line it just crossed for a while, before finally moving to the other opposite horizontal line. This scan seems to work about 80(+)% of the time.
Topic: Williams a/d
Posted: Thursday, November 10, 2005 1:34:54 PM
I will have to do more research and get back to you.
thanks
Topic: Williams a/d
Posted: Thursday, November 10, 2005 1:29:36 PM
I had an instructor a couple of years ago, who used this indicator, very successfully.
The other charting s/w I was using has this indicator built into its library.
I am trying tc2000 out. I am trying to setup this s/w like the other one that I was using
Topic: Williams a/d
Posted: Thursday, November 10, 2005 1:22:19 PM
Bruce:
Hope this helps
Williams Accumulation Distribution

Construction
To calculate Williams Accumulation Distribution:

1. Calculate the True Range High and True Range Low:

True Range High is the greater of:

High [today], and
Closing price [yesterday]
True Range Low is the lesser of:

Low [today]
Closing price [yesterday]
2. Compare Closing price to yesterday's Closing price:

If Close [today] is greater than Close [yesterday]

Price Move [today] = Close [today] - True Range Low

If Close [today] is less than Close [yesterday]

Price Move [today] = Close [today] - True Range High

If Close [today] equals Close [yesterday]

Price Move [today] = zero
3. Multiply the price move by volume:

AD [today] = Price Move [today] * Volume [today]

4. Calculate the cumulative total:

Williams AD = AD [today] + Williams AD [yesterday]



NOTE:

Steven Achelis omits step 3. above in his book Technical Analysis A-Z and several other websites/software programs appear to follow this approach. For the benefit of investors accustomed to Achelis' approach, we have provided both versions. Achelis' version is described as Williams Accumulate Distribute.

Topic: Williams a/d
Posted: Thursday, November 10, 2005 8:39:40 AM
Thanks for your reply. I will do some research and get the information back to you.
LZ
Topic: Williams a/d
Posted: Wednesday, November 9, 2005 10:13:47 PM
Bruce:
This formula is not working for me. I am looking for an Adv/Decline line with lines at 5% and 95%.
I think the TVS 18 may be throwing the scan off.
Is there such a scan or is there a library of scans I can search thru.
Thanks