Registered User
Joined: 10/7/2004
Posts: 24
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I do not understand how MS is being rendered in the PCFs.
Example: I’m using MSFT and plotting price and MS.
On a daily 6-month daily chart, MS for today (9/21/12) is 0.9k. I now create a PCF with only MS in the formula. It should yield 0.9k when I click on Test Symbol MSFT. Instead, I get 37.3.
Next, on the 6-month daily chart, the low of MS is around 735 and the high is around 1.2k. If I put Min(MS, 125) into the PCF, it returns -253.73. If I put Max(MS, 125) into the PCF it returns 171.06.
What’s going on????
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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MoneyStream (MS) is a cumulative indicator. Like other cumulative indicators such as On Balance Volume (OBV), its actual value is completely meaningless. The Dealing with OBV & MS in PCF's - how to interp their "values" topic explores how to correctly use cumulative indicators in Personal Criteria Formulas.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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