I am trying to get two price lines divided (relative strength between two symbols), and be able to add to this ratio other indicators (like MA's, ROC's, etc). How can I do that (using the ten plots of relatve strength stops me from adding indicators to rel. strength)?

I am working on the latest version of TC2000 and I am trying to relate in a new indicator two indicators that pertain to two different symbols. Here is an example: Let's say we have two chart windows, one with IBM and the other with AAPL. On each window we have a ROC indicator for each symbol. Now we want to create a new indicator that combines those two and computes and plots for us the ratio between the two different symbol ROC's. This was easy to do on Stock Finder but I don't know if/how it can be done in TC2000.

Hey Bruce, I followed the link (the first did not work but the second directed me to some past content) and I opened the following link:

Attachments:
TC_LR_Channel_Visible_Chart.sfChart - 62 KB, downloaded 70 time(s).

Unfortunately, the chart loads without any graphs for any symbol. I am operating in SF 4.0--is this the problem, or something else?

I am trying to replicate TeleChart's LingReg bands graphs on various indicators in SF 4.0. Can a trainer help me?!

Thx

Hey Bruce, thanks for your help! I think we are getting close, but it looks like the execution of the formula I describe when done in Excel (with price inputs from StockFinder 4) vs. the formula you built give different results and so I will contact the customer service to send you my spreadsheet for you to see what the difference is--quite possibly the description I gave you is off. Stay tuned...

I appreciate it.

I would appreciate the help of a trainer that knows the SF v. 4 tricks in creating a formula for the following simple idea:

1."T" threshold (should be selectable and changeable): e.g. 2%

2. c/c1-1 (or an 1-period ROC of closing prices expressed as decimals, e.g. 2% as 0.02)

3. for every day in the past over a selectable and changeable lookback period "L" compute( #2 - #1)

4. compute over the entire lookback period L the sum of all #3 as long as #3<=0

5. compute over the entire lookback period L the sum of all #3 as long as #3>0

6. compute (#4 / - #5) note: there is a minus before #5

In other words, over a lookback period L divide the sum of all daily returns that are each equal or less than the specified threshold value (#1) by the negative (i.e. multiplied by -1) sum of all dailiy returns that are greater than the specified threshold value (#1).

Thanks

I would appreciate the help of a trainer that knows the SF v. 4 tricks in creating a formula for the following simple idea:

1."T" threshold (should be selectable and changeable): e.g. 2%

2. c/c1-1 (or an 1-period ROC of closing prices expressed as decimals, e.g. 2% as 0.02)

3. for every day in the past over a selectable and changeable lookback period "L" compute( #2 - #1)

4. compute over the entire lookback period L the sum of all #3 as long as #3<=0

5. compute over the entire lookback period L the sum of all #3 as long as #3>0

6. compute (#4 / - #5) note: there is a minus before #5

In other words, over a lookback period L devide the sum of all daily returns that are each equal or less than the specified threshold value (#1) by the negative (i.e. multiplied by -1) sum of all dailiy returns that are greater than the specified threshold value (#1).

Thanks

Bruce, I have had the time to play around with the indicator you coded above and it looks like it has some weird behavior--can you please recheck the coding?! I would appreciate it. 

Here it is:
The LOOKBACK annd the SPAN periods should be independent, but I noticed that when the Lookback is set at 126, then the SPAN cannot be set at much smaller values, like 9 (try that on the XME--it does not plot any recent values)... Why?!