Registered User
Joined: 10/28/2012
Posts: 6
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can anyone assist me with a formula to express the value in percentage terms of current price above or below a moving average e.g. 50 day sma. For illustration purposes at time of sending this message GLD is trading +3.04% above its 50 day & XME is trading -5.84% below its 50day. I would then like to use the formula in a watchlist. Any help appreciated
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Please try the following Indicator Formula.
100 * (C / AVGC50 - 1)
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/28/2012
Posts: 6
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Bruce wow, just over 2 mins for the response thank you. Sorry it was such a dumb question on my part. At the risk of testing your patience, the result would look optically better to my eyes if the % sign was included in the dispayed result, and with no more that two decimal places. Are you able to help with these also?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You should be able to click on the name of the WatchList Column and select Edit to adjust the WatchList Column. The Properties tab will have an option to adjust Decimal Places in v17. That said, there isn't a way to add the % sign.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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