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10hma with a 8lma based on price. Rate this Topic:
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lpz
Posted : Monday, December 12, 2005 12:37:06 PM
Registered User
Joined: 10/13/2005
Posts: 13
I have been trying to come up with a scan to show me the simple ma for 10h and 8l based on the price. I cannot get it to work correctly. I have an example of how the chart should look. How can I get a copy of this screen shot to you. This screen shot is of another s/w package. I am sure there must be away for this to be accomplished with TC2K
Thank you
LPZ

Doug_H
Posted : Monday, December 12, 2005 12:49:51 PM


Worden Trainer

Joined: 10/1/2004
Posts: 4,308
You can create custom formulas for these, since TeleChart bases its built in moving averages on closing prices. You formulas would be:

AVGH10

AVGL8

When you plot these, make sure you check the Plot Using Price Scale Box. Once they are plotted, you may find the following videos helpful:

Create PCFs and EasyScans to find moving average crossovers
Comparing indicators using Visual Difference sorts
Understanding Moving Averages - Part I, The Basics
Understanding Moving Averages - Part II, Using Multiple Averages

- Doug
Teaching Online!
Craig_S
Posted : Monday, December 12, 2005 1:48:40 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
Check out how I plot these in this video:

Plotting Custom Indicators with Examples

- Craig
Here to Help!
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