Questions:

1, Has the option to define a new Indicator been remove/combined with defining a new Condition?

2. Can the formula ABS( C - LBB(20,2) ) <= 0.01 * LBB(20,2) be replaced with

ABS( C/ LBB(20,2) - 1) <=  0.01

where LBB(20,2) is the Lower Bollinger Band

Thanks
 

They have not been combined in that there are separate options to create new Condition Formulas and new Indicator Formulas in TC2000 version 12 (be it 12.3 or 12.4).

If you create a formula which returns a numeric value when creating a new Condition Formula however, it will save it as an Indicator Formula. And if you create a formula which returns a boolean (true or false) value when creating a new Indicator Formula, it will save it as a Condition Formula.

Both versions of your formula should return the same results if LBB(20,2) is actually replaced with the formula for a lower Simple Bollinger Band 20, 2.00:

ABS(C / (AVGC20 - 2 * SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 + C11 ^ 2 + C12 ^ 2 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2 - 20 * AVGC20 ^ 2) / 20)) - 1) <= .01

Modelling Bollinger Bands (& Standard Deviation) in a TC PCF

Thank You

Bruce re: my previous Question: #1

In Version 12.3 when  I click on "Library" and then "Indicators"  the drop down menu indicates "Write Indicator Formula" 

I do not see that message in Version 12.4 and thus prompted the question if they had been merged

Since you indicated that there are or should be  two separate options - where does one enter a new "Indicator"

You need to select the Formulas tab after selecting Library and choosing Indicators in TC2000 version 12.4 to see the option to Write Indicator Formula.

If you select New from the menus, there will be options for both Condition (PCF) Formula and Indicator (PCF) Formula available in both TC2000 version 12.3 and TC2000 version 12.4.

Thanks Again

How long will it take to load 12.4? I have two computers.Do I load them seperate?

Lannie wilson

Gold customer  2005 

.

TC2000 version 12.4 should install very quickly (a matter of minutes at most).

Starting up TC2000 version 12.4 should be very quick. There as a short countdown when initially starting it to allow you to change your login which can be bypassed, a short check for a newer version of the software and then it should load the data in display your layout.

You can only have one instance of TC2000 version 12.4 running at a time per account. You can float the windows to have the program running out multiple monitors, but it is not possible to run it on more than one computer at a time.