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Histogram of Exp. TSV and its Average Rate this Topic:
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yazz
Posted : Monday, January 20, 2014 11:23:50 PM
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Joined: 9/20/2010
Posts: 16

I want to create a Histogram of the difference between a 12 day Exponential TSV and its 6 day Simple Average. I tried XAVG(TSV1.1,12) - AVG(TSV,6); it does not give corret results.  XAVG(TSV1.1,12) - AVG(XAVG(TSV1.1,12),6) gives Syntax Error

brucecj
Posted : Tuesday, January 21, 2014 2:48:09 PM
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Joined: 9/27/2010
Posts: 11

This does not give a syntax error.  XAVG(TSV,12)-AVG(TSV,6)    ....but does it give what you want plotted as a histogram?

Bruce_L
Posted : Tuesday, January 21, 2014 2:51:11 PM


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Joined: 10/7/2004
Posts: 65,138

An Indicator Formula for the difference between a 12-day exponential TSV and its 6-period simple moving average can be written as:

XAVG(TSV,12) - XAVG(TSV6,12)

You can use this as the Formula in a Custom PCF Indicator with the Plot Style set to Histogram to plot this as a Histogram on the charts in TC2000.

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!



-Bruce
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yazz
Posted : Wednesday, January 22, 2014 9:31:41 AM
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Joined: 9/20/2010
Posts: 16

Thanks, Bruce.

 

bruceci, it did not give the correct answer.

Bruce_L
Posted : Wednesday, January 22, 2014 10:10:28 AM


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Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
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