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Registered User
Joined: 3/24/2005
Posts: 6
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Cashflow Accumulation is an Accumulation/Distribution indicator (Cumulative sum of the price change X volume for each bar.)in another Charting Software. It is always noted as 'Cashflow Accumulation(3).
The 3 denotes 3 bars.
Does TeleChart have this indicator and if not, how can you create it as a Custom Indicator ?
JP
member as of 3/2005
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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If I understand your discription correctly (and what I've found on the net):
Right click on the top or bottom chart window.
Go to ADD INDICATOR|CUSTOM|CUMULATIVE
Use these settings:
Up condition: C>C1
Down condition: C<C1
Period:3
SIMPLE
Value to Add/Sub:
ABS(C-C1)*V
Let me know if this is what you wanted. I am guessing on the period setting. The period might be 1 but I am not sure.
- Craig
Here to Help!
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Registered User
Joined: 3/24/2005
Posts: 6
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That formula generates an indicator that looks very close to what I wanted.
Thanks a bunch !
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Glad to hear it.
- Craig
Here to Help!
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Registered User
Joined: 11/8/2005
Posts: 44
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Hello!
Would it be possible to create a pcf for cashflow that can be used to search for stock with a big change in the cashflow from yesterday?
(for example 25% higher)
Thanks a lot
Babar2
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Are you referring to the indicator that I give above when you say "cashflow"?
- Craig
Here to Help!
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Registered User
Joined: 11/8/2005
Posts: 44
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Yes, I have it as an indicator and I would like to narrow down the stocks with an easyscan that shows if there is a big change (sharp up/down move) in the cashflow movemement today.
I will then use the pcf for cashflow today in conjunction with the widening or narrowing of the Bollinger-Bands to find a short term change in the trend.
I would also like to be able to scan for the cashflow movement for the last week (last 5 days) in a seperate scan
I hope this makes it all a bit more understandable
Babar2
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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The cumulative nature of this Custom Indicator makes a PCF for the percent change tough.
I would recommend scanning for all of your conditions BUT the change in this indicator THEN ranking your WatchList using the Indicator Change sorts. This will work on any time frame and over any number of days.
Sort by indicator or price movement using Visual Change sorts
- Craig
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Registered User
Joined: 11/8/2005
Posts: 44
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Thanks for your reply - I will try to do it the way you are suggesting.
Babar2
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You're welcome!
- Craig
Here to Help!
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Registered User
Joined: 11/8/2005
Posts: 44
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Hi Craig!
Your suggestion to use ranking with the Indicator Change Sort worked perfectly!
I have also discovered that "Cashflow" and "Money Stream" actually are two very similar indicators, so the easiest way to get about the "problem" cashflow is to use MoneyStream offered by TeleChart.
Thanks again
Babar2
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You may find this interesting:
Don Worden on the history of BOP and MoneyStream
- Craig
Here to Help!
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Registered User
Joined: 1/2/2005
Posts: 33
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Free cash flow is the sum of net income and depreciation and amortization minus capital expenditures used to maintain the business.
Is there a surrogate in TC2000 for this fundamental?
A knight wrote he sorted using cash flow. An TC200 index search listed free cash flow.That was it nothing further was available.
Please comment.
Grizzly
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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grizzly,
The closest thing currently available in TeleChart appears to be:
Operating Cash Flow 1-Yr - The sum of net profit, depreciation, change in accruals, and change in accounts payable, minus change in accounts receivable, minus change in inventories.
You may wish to review the following:
Definitions of all built in scanning and sorting criteria
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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