Hello, 

I am new to Tc2000, it's an amazing software.

A good trend makes new highs (up) and new lows ( down).

1) Can you create an indicator :

in an uptrend When there is not a new high after 20 or 25 days , you get an exit signal or a dot above above the high of the last 20 or 25 days . And vice versa for downtrends.

This can be used in strong uptrends , that when the stock does not make a new high 20 or 25 days after the most recent high, maybe it is weakening.

Thank you!

Rob

I am not quite sure what you mean by not making a new high. For example, the following would check for now new 250 bar highs in the most recent 20 bars.

TrueInRow(H <= MAXH250, 20) = 20

While the following would check for all of the highs of the most recent 20 bars being less than the high of 20 bar ago.

MAXH20 < H20

Using either of the above as Custom PCF % True Indicators on the chart, would plot a spike when the formula is true.

Hi Bruce, thank you.

It is not exactly what I am looking for

This indicator is for stocks who are in a strong trend up or down. normally , if this is the case it will not take longer then 20 tot 25 days for the stock to make a new 20 or 25 day high(in an uptrend)

The indicator should ( for an uptrend) give a signal when it does take longer then 20 to 25 days to make a new high . This can be seen as a first sign a strong trend is weakening , based on time.

I am not sure it is possible to make this indicator.

What do you see as a new high? How do you define an uptrend?