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Registered User
Joined: 8/11/2006
Posts: 7
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Hello. I'm new to TC and I love it. Awesome service.
My question is when viewing a chart in daily mode I know that 1 bar equals 1 day therefore a 20SMA for example would be 20 trading days but when you switch to a 2 day or 5 day chart for example do the indicators still calculate based on 1 day or on 1 bar (which could be multiple days)?
Thanks.
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Registered User
Joined: 12/30/2004
Posts: 369
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docsep,
When ever you change from daily to 3 days or 4 days or weekly view the chart bars will automatically adjust.
The best way to see this, is to pull up a chart of a recent IPO such as "N".
-amberpax
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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docsep,
The indicator periods are in Bars, so if you are viewing a Daily chart, a 20-Period Simple Moving Average will be a 20-Day Simple Moving Average. On any other type of chart, the Period will be based on something other than Daily.
-Bruce
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Registered User
Joined: 8/11/2006
Posts: 7
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Thanks Bruce and amberpax. I thought thats what it was now I'm sure.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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docsep,
You're welcome. Our pleasure.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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