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Registered User
Joined: 9/29/2006
Posts: 109
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I don't know to build a condition that shows me the difference between Stoch RSI 24, %K7 yellow line and the MovAvg 5 blue line. Thank you, Herm
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Registered User
Joined: 9/29/2006
Posts: 109
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I would like the condition to show when the difference is a given amount say a difference of 5.0 for both long and short. Thanks again
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I don't understand your question at all. A Condition returns true or false. It does not return the difference between StochRSI and its Moving Average.
You can drag and drop Stoch RSI onto its Moving Average and select Create Condition to create a Condition for Stoch RSI being Above, Below, Crossing Up Through or Crossing Down Through its Moving Average.
Creating Conditions
You can drag and drop Stoch RSI onto its Moving Average and select Plot Comparison | Difference to create an indicator which plots the difference between Stoch RSI and its Moving Average.
Comparison Plots
You could right-click on the Difference Comparison Plot and select Create Condition to create a Condition for the Difference Comparison Plot to be Greater Than or Less Than a specified value.
You could even create multiple Conditions and drag and drop them onto each other and select Create New Combo Condition if you need multiple Conditions to be true at the same time (using AND) or at least one of multiple Conditions to be true (using OR).
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 9/29/2006
Posts: 109
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Bruce, I have a condition which looks for the lines crossing, the only problem is that there are to many crosses which render the cross condition meaningless. Thats why I would like to know when the two lines have greater seperation, say 5% or more. I hope this now makes more sense. Thx
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The last three paragraphs of my last response outline a technique for checking to make sure the difference is at least a certain value by creating a Difference Plot, two Conditions based on that Difference Plot and then creating a Combo Condition from those two Conditions.
If you wanted a percentage, you could drag and drop the Stoch RSI onto its Moving Average and select Plot Comparison | Ratio instead of Difference. You would want the Ratio to be greater than 1.05 or less than .95 when creating the Combo Condition to have the difference be at least 5%.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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