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Volume above its own SMA50 (Weekly): Rate this Topic:
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ErvingJr
Posted : Thursday, July 13, 2017 8:58:00 AM

Registered User
Joined: 11/16/2015
Posts: 105
Hello Bruce. Hope you had a good holiday in a good summer.
I'm trying to make this. Easy Scans. I'm trying to make it for the week. 
But I think I might of did something wrong. I don't know if I'm doing the right thing.  
Volume above its own SMA50 (Weekly):
9 * C > C5 + C10 + C15 + C20 + C25 + C30 + C35 + C40 + C45 AND 9 * C5 <= C10 + C15 + C20 + C25 + C30 + C35 + C40 + C45 + C50 AND AVGV5 > AVGV250
 
I tried all combinations I'm not doing too well. 
I just want to for this. Formula.
Volume above its own SMA50 (Weekly)
Bruce_L
Posted : Thursday, July 13, 2017 9:20:38 AM


Worden Trainer

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

As long as you are using TC2000 v17, you should be able to write this as follows.

V > AVGV50

The key is to set the time frame setting of the formula to Weekly instead of Daily.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
ErvingJr
Posted : Friday, July 14, 2017 1:11:32 PM

Registered User
Joined: 11/16/2015
Posts: 105
So where do I put that piece of the formula on the one that 
I'm trying to work. Do I put it on the end of it like this. 
 
9 * C > C5 + C10 + C15 + C20 + C25 + C30 + C35 + C40 + C45 AND 9 * C5 <= C10 + C15 + C20 + C25 + C30 + C35 + C40 + C45 + C50 AND AVGV5 >
 V > AVGV50
ErvingJr
Posted : Friday, July 14, 2017 1:18:05 PM

Registered User
Joined: 11/16/2015
Posts: 105

I'm going away for the weekend. I will be back on Tuesday. I'll check my messages them. Thank you. I have another class, I'm just gonna drive right now, so on. 

Bruce_L
Posted : Friday, July 14, 2017 1:18:46 PM


Worden Trainer

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

You wouldn't use that long part at all.

That is a formula specifically designed for TC2000 v7 and its rolling 5 trading day weeks.

It checks for price crossing up through its own 10 week simple moving average using daily calculations to match the weekly charts in TC2000 v7. It also checks for volume to be above its own 50 week moving average (but using the rolling 5 trading day weeks used in v7 instead of the calendar weeks used in TC2000 v17).

If you want to match the weekly charts in TC2000 v17, and replicate that formula, then you would use the following Condition Formula set to a Weekly time frame.

XUP(C, AVGC10) AND V > AVGV50

But if you only want to check for volume being above its 50 period simple moving average, then you would just use the following (as given in the first response).

V > AVGV50



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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