| 1marcus4 |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Wednesday, December 1, 2004 |
| Tuesday, April 30, 2019 5:32:30 PM |
34
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Okay! Thank you!
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In other words, as an example, if calculating a Tenkan Sen of 4 days, the following would be wrong.
((H3+L3)/2)+((H2+L2)/2)+((H1+L1)/2)+((H+L)/2)/4
and
(MAXH4+MINL4)/2
would be the most accurate
Mark
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So it IS considered an "average" over 9 periods, but not calculated as a "moving average".
Mark
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I thought the Tenkan Sen and Kijun Sen lines were supposed to be exponential moving averages.
The formulas above for those lines, therefore, would NOT be accurate.
Am I wrong?
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What is the easiest way to clone an indicator or condition in TC 2012. In TC 2007 we have the simple and awesome Save As feature.
Thanks!
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If anyone is still interested in the original intent of this post, I have to say that I am ALSO very disappointed in this TC 2012 upgrade. I sat down finally to play with it and within the first hour found 5 structural changes to the application which will have a profound effect on how I use the program. I have come to rely on particular features heavily on a daily basis. They're simply gone!
It's as if the designer of TC 2012 never really used TC 2007 in heavy production out in the field. Sure, there are new bells and whistles, but there are efficiences that were just thrown out the window.
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In Telechart there exists two pieces of data per equtiy, Latest Net Profit Margin and Net Profit Margin (Post Tax). I can't find any info separating the two by definition. The two values differ for the same security very often.
Also, these two pieces of info ALSO differ from the Net Profit Margin data presented by other data distributors, i.e. MSN, Yahoo, Google, Etrade, etc. Why is this so and which one should I put my trust in? I can't really trust something I don't know their origination and basis of.
Thanks...
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Thanks diceman.
That works much better visually.
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Thank you for your response. While your solution appears true technically and I would like to report that this helps, the overlaying of two moving averages onto an invisible TSV1 creates two lines so tightly compressed that the 'visual value' disappears. Can you think of any way to expand this compression?
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Hello all!
I have a chart which contains both TSV18 and TSV38 on the bottom. And I have a PCF "TSV18 > TSV38". Often when the PCF returns false, the chart visually shows otherwise, i.e. TSV18 shows > TSV38. The reverse holds true as well. Which source do I believe? And why the disparity?
Appreciate any help!
Mark
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