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jpag1
Posted : Monday, April 4, 2011 2:55:17 PM
Gold Customer Gold Customer

Joined: 3/20/2006
Posts: 161

need PCF for weekly chart to find stock touching 10 week mva and the bouncing as discussed iby william O'Neil     Thanks
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Bruce_L
Posted : Monday, April 4, 2011 4:37:07 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 I have not read or listened to William O'Neil. I need unambiguous objective definitions from you to help you create a Personal Criteria Formula.

A PCF for the current production version of TeleChart which should return True when the current Weekly Price Bar touches a 10-Period Simple Moving Average of Price on a Weekly Chart could be written as:

ABS((C + C5 + C10 + C15 + C20 + C25 + C30 + C35 + C40 + C45) / 10 - (MAXH5 + MINL5) / 2) <= (MAXH5 - MINL5) / 2

A PCF for the TC2000.com version 11 beta which should return True when the current Weekly Price Bar touches a 10-Period Simple Moving Average of Price on a Weekly Chart could be written as follows as long as the Time Frame of the PCF is set to Weekly:

L <= AVGC10 AND AVGC10 <= H

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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jpag1
Posted : Monday, April 4, 2011 4:54:21 PM
Gold Customer Gold Customer

Joined: 3/20/2006
Posts: 161
 Sorry I guess I assumed everyone in investments know William O'Neal and Investors business Daily. Thanks for the PCF.
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InvestOverTime
Posted : Tuesday, December 6, 2011 9:56:48 PM
Registered User
Joined: 10/7/2004
Posts: 114

How do I create a 10 week moving average for my top price chart so I can see when or where this PCF shows price touching the 10 week MVA?
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Bruce_L
Posted : Wednesday, December 7, 2011 8:09:29 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 Add a 10-Period Moving Average to the chart and change the Time Frame to Weekly.

You cannot create a Weekly Moving Average and plot it on another Time Frame in TC2000. In TC2000 version 7, you could plot a 10-Period Weekly Moving Average on a Daily Chart which would match TC2000 version 7's Weekly Moving Average by using the following formula as a Custom Indicator (the same formula would work to duplicate TC2000 version 7's Moving Average in TC2000 version 12):

(C + C5 + C10 + C15 + C20 + C25 + C30 + C35 + C40 + C45) / 10

There is not a way to plot the 10-Week Simple Moving Average from TC2000 version 12 in either TC2000 version 7 or TC2000 version 12. I suppose you could approximate it using something similar to the following:

AVGC50
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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