Registered User
Joined: 8/15/2011
Posts: 11
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hello
I want to at this condition to my volume. I want a condition that show the volume change in percentage comapre to 50 day volume moving average.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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An Indicator Formula which shows the percent difference between the volume of the current bar and the 50-period simple moving average of volume can be written as follows.
100 * (V / AVGV50 - 1)
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce
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TC2000 Support Articles
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Registered User
Joined: 8/15/2011
Posts: 11
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thank you
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Registered User
Joined: 10/19/2004
Posts: 21
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Your formula gives the volume percentage difference of the current bar and the 50 SMA of volume. What formula would give the same result for a range of days? For example, I want to select a specific period of a pull back and see if the average volume during the pullback was greater or less than the 50 SMA of volume.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Well it would depend on the number days involved in the pullback. If it is 5 days, you would use AVGV5.
100 * (AVGV5 / AVGV50 - 1)
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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