Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » Indicator - Difference between Close & 10Day Moving Average

Indicator - Difference between Close & 10Day Moving Average Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
kamran
Posted : Friday, November 10, 2006 3:18:32 PM
Registered User
Joined: 12/31/2004
Posts: 14
 I am trying to set up an indicator which would give the % value of price above a certain Moving Average. e.g. Lets say Closing Price is $105 and 10 Day Moving Average is at 100. I am trying to set up an indicator which would tell me that closing price is 5% [(105-100)/100] above 10 day MA.

Could you please help? Thank you
Back to top
Bruce_L
Posted : Friday, November 10, 2006 4:08:43 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 Please try the following:

Select Chart Template | Add Indicator | Indicator.
- Visible: Checked
- Center Zero Line: Checked
- Plot using price scale: Unchecked
- Smoothing Average: 1
- Average Type: Doesn't matter (because Smoothing Average is 1).
- Indicator Formula: 100 * C / AVGC10 - 100

You may wish to review the following:

Plotting Custom Indicators with Examples
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Back to top
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.