Registered User
Joined: 1/1/2005
Posts: 35
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I would love to get the Ultimate Oscillator(7,14,28), Aroon(25) and Aroon oscillator(25) programmed into my Telechart. Can this be done with the 'custom' indicator tab?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I've created a separate post for the Aroon Indicators and Oscillator. The following can be used as a Personal Criteria Formula or plotted as a Custom Indicator (it takes several seconds to switch symbols when used as a Custom Indicator):
Ultimate Oscillator (7,14,28):
(400 * (14 * AVGC7 - 7 * AVGL7 - 7 * AVGC7.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7)) / (7 * AVGH7 - 7 * AVGL7 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7)) + 200 * (28 * AVGC14 - 14 * AVGL14 - 14 * AVGC14.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8) + ABS(L8 - C9) + ABS(L9 - C10) + ABS(L10 - C11) + ABS(L11 - C12) + ABS(L12 - C13) + ABS(L13 - C14)) / (14 * AVGH14 - 14 * AVGL14 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8) + ABS(H8 - C9) + ABS(L8 - C9) + ABS(H9 - C10) + ABS(L9 - C10) + ABS(H10 - C11) + ABS(L10 - C11) + ABS(H11 - C12) + ABS(L11 - C12) + ABS(H12 - C13) + ABS(L12 - C13) + ABS(H13 - C14) + ABS(L13 - C14)) + 100 * (56 * AVGC28 - 28 * AVGL28 - 28 * AVGC28.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8) + ABS(L8 - C9) + ABS(L9 - C10) + ABS(L10 - C11) + ABS(L11 - C12) + ABS(L12 - C13) + ABS(L13 - C14) + ABS(L14 - C15) + ABS(L15 - C16) + ABS(L16 - C17) + ABS(L17 - C18) + ABS(L18 - C19) + ABS(L19 - C20) + ABS(L20 - C21) + ABS(L21 - C22) + ABS(L22 - C23) + ABS(L23 - C24) + ABS(L24 - C25) + ABS(L25 - C26) + ABS(L26 - C27) + ABS(L27 - C28)) / (28 * AVGH28 - 28 * AVGL28 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8) + ABS(H8 - C9) + ABS(L8 - C9) + ABS(H9 - C10) + ABS(L9 - C10) + ABS(H10 - C11) + ABS(L10 - C11) + ABS(H11 - C12) + ABS(L11 - C12) + ABS(H12 - C13) + ABS(L12 - C13) + ABS(H13 - C14) + ABS(L13 - C14) + ABS(H14 - C15) + ABS(L14 - C15) + ABS(H15 - C16) + ABS(L15 - C16) + ABS(H16 - C17) + ABS(L16 - C17) + ABS(H17 - C18) + ABS(L17 - C18) + ABS(H18 - C19) + ABS(L18 - C19) + ABS(H19 - C20) + ABS(L19 - C20) + ABS(H20 - C21) + ABS(L20 - C21) + ABS(H21 - C22) + ABS(L21 - C22) + ABS(H22 - C23) + ABS(L22 - C23) + ABS(H23 - C24) + ABS(L23 - C24) + ABS(H24 - C25) + ABS(L24 - C25) + ABS(H25 - C26) + ABS(L25 - C26) + ABS(H26 - C27) + ABS(L26 - C27) + ABS(H27 - C28) + ABS(L27 - C28))) / 7
Watching the following videos could be useful in using these formulas:
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
Adding, removing and saving indicators to a chart template
Customize your charts using Chart Templates
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 1/15/2005
Posts: 17
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I have been trying to write an Ultimate Oscillator (8,10, 28) from the formula posted by Bruce a few months ago. I understood the 3 time frames. However, I don't understand to what correspond the multiplicators "400", "200" and "100". Would anybody have an explanation? Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The Ultimate Oscillator is calculated for 3 different time frames which are weighted at a ratio of 4xShort/2xMedium/1xLong. The weighting is the reason for both the 400, 200 and 100 multipliers and the /7 at the end of the formula.
Ultimate Oscillator (8,10,28):
(400 * (16 * AVGC8 - 8 * AVGL8 - 8 * AVGC8.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8)) / (8 * AVGH8 - 8 * AVGL8 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8)) + 200 * (20 * AVGC10 - 10 * AVGL10 - 10 * AVGC10.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8) + ABS(L8 - C9) + ABS(L9 - C10)) / (10 * AVGH10 - 10 * AVGL10 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8) + ABS(H8 - C9) + ABS(L8 - C9) + ABS(H9 - C10) + ABS(L9 - C10)) + 100 * (56 * AVGC28 - 28 * AVGL28 - 28 * AVGC28.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8) + ABS(L8 - C9) + ABS(L9 - C10) + ABS(L10 - C11) + ABS(L11 - C12) + ABS(L12 - C13) + ABS(L13 - C14) + ABS(L14 - C15) + ABS(L15 - C16) + ABS(L16 - C17) + ABS(L17 - C18) + ABS(L18 - C19) + ABS(L19 - C20) + ABS(L20 - C21) + ABS(L21 - C22) + ABS(L22 - C23) + ABS(L23 - C24) + ABS(L24 - C25) + ABS(L25 - C26) + ABS(L26 - C27) + ABS(L27 - C28)) / (28 * AVGH28 - 28 * AVGL28 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8) + ABS(H8 - C9) + ABS(L8 - C9) + ABS(H9 - C10) + ABS(L9 - C10) + ABS(H10 - C11) + ABS(L10 - C11) + ABS(H11 - C12) + ABS(L11 - C12) + ABS(H12 - C13) + ABS(L12 - C13) + ABS(H13 - C14) + ABS(L13 - C14) + ABS(H14 - C15) + ABS(L14 - C15) + ABS(H15 - C16) + ABS(L15 - C16) + ABS(H16 - C17) + ABS(L16 - C17) + ABS(H17 - C18) + ABS(L17 - C18) + ABS(H18 - C19) + ABS(L18 - C19) + ABS(H19 - C20) + ABS(L19 - C20) + ABS(H20 - C21) + ABS(L20 - C21) + ABS(H21 - C22) + ABS(L21 - C22) + ABS(H22 - C23) + ABS(L22 - C23) + ABS(H23 - C24) + ABS(L23 - C24) + ABS(H24 - C25) + ABS(L24 - C25) + ABS(H25 - C26) + ABS(L25 - C26) + ABS(H26 - C27) + ABS(L26 - C27) + ABS(H27 - C28) + ABS(L27 - C28))) / 7
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 1/15/2005
Posts: 17
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Thanks for the explanation and the formula, Bruce!
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Registered User
Joined: 10/7/2004
Posts: 794
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Bruce,
I know it may seem like chasing windmills but could you show me a PCF for the Ultimate Oscillator with 8,13,21
How are you developing these formulae, do you have a unique program?
Thank you in advance!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The program I use is not particularly unique, I use a spreadsheet. Please try the following:
Ultimate Oscillator (8,13,21):
(400 * (16 * AVGC8 - 8 * AVGL8 - 8 * AVGC8.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8)) / (8 * AVGH8 - 8 * AVGL8 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8)) + 200 * (26 * AVGC13 - 13 * AVGL13 - 13 * AVGC13.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8) + ABS(L8 - C9) + ABS(L9 - C10) + ABS(L10 - C11) + ABS(L11 - C12) + ABS(L12 - C13)) / (13 * AVGH13 - 13 * AVGL13 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8) + ABS(H8 - C9) + ABS(L8 - C9) + ABS(H9 - C10) + ABS(L9 - C10) + ABS(H10 - C11) + ABS(L10 - C11) + ABS(H11 - C12) + ABS(L11 - C12) + ABS(H12 - C13) + ABS(L12 - C13)) + 100 * (42 * AVGC21 - 21 * AVGL21 - 21 * AVGC21.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8) + ABS(L8 - C9) + ABS(L9 - C10) + ABS(L10 - C11) + ABS(L11 - C12) + ABS(L12 - C13) + ABS(L13 - C14) + ABS(L14 - C15) + ABS(L15 - C16) + ABS(L16 - C17) + ABS(L17 - C18) + ABS(L18 - C19) + ABS(L19 - C20) + ABS(L20 - C21)) / (21 * AVGH21 - 21 * AVGL21 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8) + ABS(H8 - C9) + ABS(L8 - C9) + ABS(H9 - C10) + ABS(L9 - C10) + ABS(H10 - C11) + ABS(L10 - C11) + ABS(H11 - C12) + ABS(L11 - C12) + ABS(H12 - C13) + ABS(L12 - C13) + ABS(H13 - C14) + ABS(L13 - C14) + ABS(H14 - C15) + ABS(L14 - C15) + ABS(H15 - C16) + ABS(L15 - C16) + ABS(H16 - C17) + ABS(L16 - C17) + ABS(H17 - C18) + ABS(L17 - C18) + ABS(H18 - C19) + ABS(L18 - C19) + ABS(H19 - C20) + ABS(L19 - C20) + ABS(H20 - C21) + ABS(L20 - C21))) / 7
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/7/2004
Posts: 794
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Bruce,
Thank you, you are a master at configuring our requests, no matter how complex.
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Registered User
Joined: 4/11/2008
Posts: 10
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Bruce, can you please write the formula for the (7,14,28) Ultimate oscillator? Thank You!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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javierontiveros,
You may want to take a look at my Tuesday, August 02, 2005 12:40:56 PM ET post in this very topic (it's the second post).
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 4/11/2008
Posts: 10
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Thanks Bruce, I read that post before posting my own, that post seems to be for an Ultimate Oscillator (8,10,28). I read somewhere else that the usual setting is for (7,14,28) : http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:ultimate_oscillator : "The typical values are 7, 14 and 28 which are the default entries for this indicator." Is there a significant difference between (8,10,28) and (7,14,28) ?
Regards
Javier
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Administration
Joined: 9/30/2004
Posts: 9,187
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QUOTE (javierontiveros) Thanks Bruce, I read that post before posting my own, that post seems to be for an Ultimate Oscillator (8,10,28). I read somewhere else that the usual setting is for (7,14,28) : http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:ultimate_oscillator : "The typical values are 7, 14 and 28 which are the default entries for this indicator." Is there a significant difference between (8,10,28) and (7,14,28) ?
Regards
Javier
You didn't scroll up far enough. The one for (7,14,28) is up there as well.
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Registered User
Joined: 4/11/2008
Posts: 10
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Oops, beginner's mistake! Sorry, Thanks Bruce and StockGuy :)
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Registered User
Joined: 8/23/2013
Posts: 245
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Bruce can you create for Periods as follows
settig (2,4,8)
settng (2.1,4.1,8.1) < --------- IF THIS IS THE (2,4,8) VALUE OF 1 BARS AGO
setting (2.2, 4.2, 8.2) < ----- IF THIS IS TH (2,4,8) VALUE OF 2 BARS AGO
I know i can do this with moving averages BUT with formulas i can create a condition with all included for use in 1 Easy Scan instead of 3
Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Please try the following Indicator Formulas.
Ultimate Oscillator (2,4,8):
(400 * (4 * AVGC2 - 2 * AVGL2 - 2 * AVGC2.1 + ABS(L - C1) + ABS(L1 - C2)) / (2 * AVGH2 - 2 * AVGL2 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2)) + 200 * (8 * AVGC4 - 4 * AVGL4 - 4 * AVGC4.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4)) / (4 * AVGH4 - 4 * AVGL4 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4)) + 100 * (16 * AVGC8 - 8 * AVGL8 - 8 * AVGC8.1 + ABS(L - C1) + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8)) / (8 * AVGH8 - 8 * AVGL8 + ABS(H - C1) + ABS(L - C1) + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8))) / 7
Ultimate Oscillator (2,4,8) of 1 bar ago:
(400 * (4 * AVGC2.1 - 2 * AVGL2.1 - 2 * AVGC2.2 + ABS(L1 - C2) + ABS(L2 - C3)) / (2 * AVGH2.1 - 2 * AVGL2.1 + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3)) + 200 * (8 * AVGC4.1 - 4 * AVGL4.1 - 4 * AVGC4.2 + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5)) / (4 * AVGH4.1 - 4 * AVGL4.1 + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5)) + 100 * (16 * AVGC8.1 - 8 * AVGL8.1 - 8 * AVGC8.2 + ABS(L1 - C2) + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8) + ABS(L8 - C9)) / (8 * AVGH8.1 - 8 * AVGL8.1 + ABS(H1 - C2) + ABS(L1 - C2) + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8) + ABS(H8 - C9) + ABS(L8 - C9))) / 7
Ultimate Oscillator (2,4,8) of 2 bars ago:
(400 * (4 * AVGC2.2 - 2 * AVGL2.2 - 2 * AVGC2.3 + ABS(L2 - C3) + ABS(L3 - C4)) / (2 * AVGH2.2 - 2 * AVGL2.2 + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4)) + 200 * (8 * AVGC4.2 - 4 * AVGL4.2 - 4 * AVGC4.3 + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6)) / (4 * AVGH4.2 - 4 * AVGL4.2 + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6)) + 100 * (16 * AVGC8.2 - 8 * AVGL8.2 - 8 * AVGC8.3 + ABS(L2 - C3) + ABS(L3 - C4) + ABS(L4 - C5) + ABS(L5 - C6) + ABS(L6 - C7) + ABS(L7 - C8) + ABS(L8 - C9) + ABS(L9 - C10)) / (8 * AVGH8.2 - 8 * AVGL8.2 + ABS(H2 - C3) + ABS(L2 - C3) + ABS(H3 - C4) + ABS(L3 - C4) + ABS(H4 - C5) + ABS(L4 - C5) + ABS(H5 - C6) + ABS(L5 - C6) + ABS(H6 - C7) + ABS(L6 - C7) + ABS(H7 - C8) + ABS(L7 - C8) + ABS(H8 - C9) + ABS(L8 - C9) + ABS(H9 - C10) + ABS(L9 - C10))) / 7
-Bruce
Personal Criteria Formulas
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