Registered User
Joined: 8/13/2008
Posts: 44
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rgwesi
In TC2000v12.3
How Do you make a histogram out of Price crossing up a MVWAP and down a MVWAP? To turn red when Price crosses down through MVWAP and green when Price crosses up through MVWAP
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Select Add Indicator and choose Custom PCF Indicator from the list. Then click on the Custom PCF Indicator and select Edit. You will want to use the following settings for a 10-Period Moving VWAP indicator. You would need to change the Formula setting to use a different period for the MVWAP (the basic pattern would be the same).
- Plot Style: Histogram
- Plot Color: Green
- Negative Value Color: Checked and set to red
- Period: 1
- Average Type: Doesn't matter (because the Period is 1).
- Formula: C - ((O + H + L + C) * V + (O1 + H1 + L1 + C1) * V1 + (O2 + H2 + L2 + C2) * V2 + (O3 + H3 + L3 + C3) * V3 + (O4 + H4 + L4 + C4) * V4 + (O5 + H5 + L5 + C5) * V5 + (O6 + H6 + L6 + C6) * V6 + (O7 + H7 + L7 + C7) * V7 +(O8 + H8 + L8 + C8) * V8 + (O9 + H9 + L9 + C9) * V9) / 40 / AVGV10
-Bruce
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