 Gold Customer
Joined: 3/11/2013
Posts: 24
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I want to create an indicator (or perhaps it is 2-3 very similar indicators both posted on same chart).
It should print a Green Dot on the chart at the XAVGC17 when XAVGC17 > XAVGC17.1
It should print an Orange Dot on the chart at the XAVGC17 when XAVGC17 = XAVGC17.1
It should print a Red Dot on the chart at the XAVGC17 when XAVGC17 < XAVGC17.1
Anyone (Bruce?) know how I can set this up...preferably in v12.6?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I am pretty confidient you can do this with two colors. It is almost impossible for an exponential moving average to not change because this would only happen when the current price is exactly equal to the previous value of the exponential moving average.
The Formula setting for a Custom PCF Indicator set to the Dots Plot Style in the same pane and scale as price for the EMA going up would be:
XAVGC17 / ABS(C > XAVGC17)
The Formula for going down would be:
XAVGC17 / ABS(C < XAVGC17)
And Formula for staying the same would be:
XAVGC17 / ABS(C = XAVGC17)
Each color of dot will need its own Custom PCF Indicator
-Bruce
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Gold Customer
Joined: 3/11/2013
Posts: 24
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Thanks Bruce...you da man!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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