Registered User Joined: 4/3/2014 Posts: 22
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Hello,
I was able to match the tc2000 vortex indictor with other vortex indicators and there seems to be a major difference. I was wondering if you could have another look at it.
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Please try creating two Custom PCF Indicators in the same pane and scale using the "alternate" formulas in the Vortex Indicator (VI) topic to see if it matches your other sources.
For example, the formula for the 14-period alternate calculation of +VI would be the following.
AVG(ABS(H - L1), 14) / IIF(ATR14 > 0, ATR14, 1)
And the formula for the 14-period alternate calculation of -VI would be the following.
AVG(ABS(L - H1), 14) / IIF(ATR14 > 0, ATR14, 1)
-Bruce Personal Criteria Formulas TC2000 Support Articles
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