Registered User
Joined: 11/10/2004
Posts: 21
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Hi,
I would like a pcf that returns true when either MS or TSV cross over (in the up direction) their center line. How would I do that?
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Go here for an example of writing a TSV crossing the zero line:
TSV Crossovers, etc.
MoneyStream is not plotted with a center line. It is a cumulative indicator, not an oscillator like TSV.
I am not sure what you are looking for with MoneyStream... can you elaborate or give a chart example?
- Craig
Here to Help!
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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MoneyStream does not have a center line. However, if you want to find stocks where MoneyStream is visually just above the mid-point of the range of values visible on the chart, an easy way to find those would be to do a visual value sort on MoneyStream. When the sort is complete, scroll down to the stocks returning values slightly above 50. As you spacebar through those stocks, it will be an easy matter for your eyes to spot stocks where MoneyStream has climbed above the midpoint of its range, for whatever time period is visible on the chart.
If you're not familiar with visual value sorting, here is a training video that demonstrates the process:
Sort by Visual Value to find new highs and lows in price and indicators
TSV does have a center line. To find stocks where TSV is crossing up through the zero line, you can use the same technique described for MoneyStream above, or you can use a PCF as a sort, or in a scan. Here is the PCF you requested (I've used a setting of TSV10; if your TSV setting is different, just change the formula to reflect your setting:
TSV10>0 and TSV10.1<0
- Doug
Teaching Online!
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