SFo Magazine Nov2009 article about Bollinger Bands told about
a new indicator.
http://www.sfomag.com/article.aspx?ID=1423&issueID=c

Could someone convert this to a Telechart indicator

"The formula for the BWI is simple and can be written quickly.
For example, the formula in MetaStock is:"

BBandTop(rsi(14),20,s,2)-BBandBot(rsi(14),20,s,2

--
Art

FWIW! It was said, at one time, that FreeStockCharts was
especially designed for the traveling user to use on his
mobile devices. Not sure how that works, but I read that
on one of their early mailouts.

art

If I had to guess, I'd say Worden has been very smart about
FreeStockCharts.com. From my experience there are a TON of
traders looking for free charts/real-time/etc. If you cannot
get them to pay for your ECXELLENT products, how do you
capitalize on this market? You create one of the best free
charting products around and you get visitors to show up in
the millions. Then you sell advertising to advertisers based
on the number of visitors to the site.

They're running a business, and they're being very smart about
it. They're looking at the market and they're looking at what
gets page views out there -- and it's FREE information.

I myself am a Telechart User -- and love it. When I'm away from
my comp I visit FSC -- and that's great as well -- it just
serves a different purpose.

lee

I have been looking at Metastock - do you use both Metastock and TC ?






________________________________
From: Lee Troupe <leelee33802@...>
To: Telechart_TCNetUsers@yahoogroups.com
Sent: Thu, November 12, 2009 4:47:28 PM
Subject: [Telechart Users Group] Re: What's the difference


Or you could just use a professional system, such as metastock.
Voted best system for 17 years in a row, and they seem to have
a direction for their software. Worden has been all over the
map in the last few years.

lee troupe



[Non-text portions of this message have been removed]

Many features are different. Stock Finder is more programmable,
but more difficult if you are used to Telechart.

I have extensive knowledge of Telechart, but not the other two.

Bob Pegram


----- Original Message -----

> between Telechart, StockFinder and Free Charts.com?

> Why doesn't anyone want to answer this?

> Is there a reluctance to offend or compromise
> ones position with the Worden's

Or you could just use a professional system, such as metastock.
Voted best system for 17 years in a row, and they seem to have
a direction for their software. Worden has been all over the
map in the last few years.

lee troupe

I myself cannot figure it out clearly. The Worden team seems a bit
confused about product positioning.

Here's my personal opinion, but I'm no expert. TC has been around
for 20+ years and has followers who will never change to anything
else. I'm not one of them. I think SF can do everything TC can do
with a few minor exceptions that require you to keep TC around on
your PC. FSC is just that, free stock charts. I don't bother with
it. Frankly, I don't know why Worden brought it out because there
is no clear positioning for it. I pays my money and I takes my
chances by subscribing to TC and SF. It's worth the $$$ to me.

If you want to go with jiust one, I'd suggest StockFinder. All
the Worden training and future development is geared toward this
product. That said, if you're just looking for free stock charts
and are not into tech analysis, then just use FSC.

Worden doesn't know me from a hot rock so I'm not concerned with
offending anyone. Those with more experience will certainly chime
in and correct me if they wish.

Geoff in Philly


----- Original Message -----

> between Telechart, StockFinder and Free Charts.com?

> Why doesn't anyone want to answer this?

Is there a reluctance to offend or compromise
> ones position with the Worden's?

Thanks Kermit. I am one of those confused by all the choices.




________________________________
From: Kermit W. Prather <kermitp@...>
To: Telechart_TCNetUsers@yahoogroups.com
Sent: Thu, November 12, 2009 2:01:47 PM
Subject: RE: [Telechart Users Group] Re: What's the difference


Because the explanation is too long. The best place to ask that question is
on Worden Forums. They get paid to answer these type questions.

Freecharts (FC) does not allow the user to add their own PCFs(TC) or
realcode (SF) but does provide more indicators than TC but less than SF.
Plus, its free real-time  if you choose to use the basic.

Telechart hasn't add any new features or fixes for years it has limited
indicators the best stock scanning. Nothing is free.

SF has 300+ indicators and you can create your own rules and indicators.
Nothing is free.

Plus most of us are confused by all the choices. Each has its own learning
curve. I think you are better off not knowing TC if you are going to use SF
or FC.

Worden has videos that help explain some of the differences. There are too
many to list.

Pick one, They are all Great charting tools.

Kermit

-----Original Message-----
From: Telechart_TCNetUser s@yahoogroups. com
[mailto:Telechart_TCNetUser s@yahoogroups. com] On Behalf Of QUIKTDR
Sent: Thursday, November 12, 2009 10:44 AM
To: Telechart_TCNetUser s@yahoogroups. com
Subject: [Telechart Users Group] Re: What's the difference

Why doesn't anyone want to answer this?

Is there a reluctance to offend or compromise
ones position with the Worden's?

--- Original Message ---

> between Telechart, StockFinder and Free Charts.com?

------------ --------- --------- ------

Yahoo! Groups Links




[Non-text portions of this message have been removed]

Because the explanation is too long. The best place to ask that question is
on Worden Forums. They get paid to answer these type questions.

Freecharts (FC) does not allow the user to add their own PCFs(TC) or
realcode (SF) but does provide more indicators than TC but less than SF.
Plus, its free real-time  if you choose to use the basic.

Telechart hasn't add any new features or fixes for years it has limited
indicators the best stock scanning. Nothing is free.

SF has 300+ indicators and you can create your own rules and indicators.
Nothing is free.

Plus most of us are confused by all the choices. Each has its own learning
curve. I think you are better off not knowing TC if you are going to use SF
or FC.

Worden has videos that help explain some of the differences. There are too
many to list.

Pick one, They are all Great charting tools.

Kermit

-----Original Message-----
From: Telechart_TCNetUsers@yahoogroups.com
[mailto:Telechart_TCNetUsers@yahoogroups.com] On Behalf Of QUIKTDR
Sent: Thursday, November 12, 2009 10:44 AM
To: Telechart_TCNetUsers@yahoogroups.com
Subject: [Telechart Users Group] Re: What's the difference

Why doesn't anyone want to answer this?

Is there a reluctance to offend or compromise
ones position with the Worden's?



--- Original Message ---

> between Telechart, StockFinder and Free Charts.com?





------------------------------------

Yahoo! Groups Links

Why doesn't anyone want to answer this?

Is there a reluctance to offend or compromise
ones position with the Worden's?



--- Original Message ---

> between Telechart, StockFinder and Free Charts.com?

Steve R;
>
> I used to have a PCF for the Chande Momentum Oscillator (CMO),
> but lost it when my computer crashed. Can anyone help me?

CMO(14) - Chande Momentum Oscillator
100 * (((C > C1) + (C1 > C2) + (C2 > C3) + (C3 > C4) + (C4 > C5) + (C5 > C6) +
(C6 > C7) + (C7 > C8) + (C8 > C9) + (C9 > C10) + (C10 > C11) + (C11 > C12) +
(C12 > C13) + (C13 > C14)) - ((C < C1) + (C1 < C2) + (C2 < C3) + (C3 < C4) + (C4
< C5) + (C5 < C6) + (C6 < C7) + (C7 < C8) + (C8 < C9) + (C9 < C10) + (C10 < C11)
+ (C11 < C12) + (C12 < C13) + (C13 < C14))) / ((0.0001 + (C > C1) + (C1 > C2) +
(C2 > C3) + (C3 > C4) + (C4 > C5) + (C5 > C6) + (C6 > C7) + (C7 > C8) + (C8 >
C9) + (C9 > C10) + (C10 > C11) + (C11 > C12) + (C12 > C13) + (C13 > C14) + (C <
C1) + (C1 < C2) + (C2 < C3) + (C3 < C4) + (C4 < C5) + (C5 < C6) + (C6 < C7) +
(C7 < C8) + (C8 < C9) + (C9 < C10) + (C10 < C11) + (C11 < C12) + (C12 < C13) +
(C13 < C14)))

ejr

I used to have a PCF for the Chande Momentum Oscillator (CMO),
but lost it when my computer crashed. Can anyone help me?

Thx in advance.

Steve R.

Can a pcf be written that would show a close above the first 30 min
high? I can find a way if its written by the day but not the 30 min
time frame. It would be used a day trade entry. It would be used on a
10 min chart, and a % true indicator so it could be sorted 30 min
after the open. tx Dennis

Cannot tell from going thru my old files whether this was ever answered.  Can
this be done with the updates we have today? I am on Platinum service

Art;

> I was watching some of the mtpredictor videos. They have
> what is called STF oscillator which is used as a trending
> oscillator. It is used to confirm Elliott wave buy points.
>
> I didn't realize what I was asking for was a MACD. Now as
> it turns out, as I re-read the pdf at
> http://www.mtpredictor.com/support/Tend%20help%20file.pdf
>
> I may of misunderstood what they were saying. See what you
> think when time permits. I thought I was attempting to
> duplicate their STF price oscillator.

A Price Oscillator is the 'fast line' in an MACD calculation

From the MACD Primer archived in the Files secction
STEP 1: The MACD or fast line
. the difference between a short Exponential Moving Average (EMA)
and a longer Exponential Moving Average (EMA)
example: ((XAVGC12)-(XAVGC26))

Assuming the 20-EMA is the long line, your PCF might be
PCF Name: Price Oscillator(9,20)
((XAVGC9)-(XAVGC20))

In TeleChart, the Price Oscillator is charted as a line

Top Window
. Prices - xxx chart

Middle or Bottom Window
. . MACD - Short:9 Long:20 Period:1 – Exponential
_ _ _ MACD Color: Red
_ _ _ Avg Color: Black
_ _ _ Uncheck: Plot MACD as Histogram
_ _ _ Check: Visible

So don't let a fancy name fool you - a Price Oscillator by
any other name is still the MACD Fast Line.

ejr

I was watching some of the mtpredictor videos. They have
what is called STF oscillator which is used as a trending
oscillator. It is used to confirm Elliott wave buy points.

I didn't realize what I was asking for was a MACD. Now as
it turns out, as I re-read the pdf at
http://www.mtpredictor.com/support/Tend%20help%20file.pdf

I may of misunderstood what they were saying.  See what you
think when time permits. I thought I was attempting to
duplicate their STF price oscillator

ej_r39 wrote:


--- Original Message ---

> Art;
>
> > Mid-line please. And would it be possible to plot it
> > as a histogram also? I suppose that would be more
> > like the 2 variations of MACD then
>
> Hmmm; a 20-EMA plotted as a histogram in TeleChart IS
> MACD.
>
> What is the purpose of the this '20 EMA Oscillator'?
>
> Which other moving averages will you be comparing the
> 20-EMA to?
>
> You might want to review the MACD Primer in the File section
> http://finance.groups.yahoo.com/group/Telechart_TCNetUsers/files/
> <http://finance.groups.yahoo.com/group/Telechart_TCNetUsers/files/>
>
> . Open the Primers folder
> . . Open the MACD PDF folder
>
> ejr

EJR...if this works you are a guardian angel...I downloaded the formulas for
10day and 100 day historical volatilities needed for my new setups from the
archived files (not sure which ones), I have saved too many of them...Thank you
for your assistance...Bill Band




________________________________
From: ej_r39 <ej_r39@...>
To: Telechart_TCNetUsers@yahoogroups.com
Sent: Sun, November 1, 2009 12:59:45 PM
Subject: [Telechart Users Group] Re: historical volatility

 


Bill B;

> Using Telechart Platinum am I able to get the historical
> volatility of any ETF?

Yes, IF you are using the HV formulas posted in the Files section.

> 2nd question..if I can only get an ATR for any ETF is
> that comparable to HV...Let's use an example...any ETF
> with a 100 day historical volatility greater than 20,
> what would a comparable ATR be?

What is the link between the two indicators?
. Historical Volatility (HV) measures if the stock is active
enough to meet one's goals i.e. a measure of risk tolerance.

. Average True Range (ATR) simply measures the degree of price
movement i.e. volatility - does not indicate price direction or
duration.

Do your own studies and comparisons! Its a matter of perception
and no two traders / investors see the same things on a chart.

ejr




[Non-text portions of this message have been removed]

Bill B;

> Using Telechart Platinum am I able to get the historical
> volatility of any ETF?

Yes, IF you are using the HV formulas posted in the Files section.

> 2nd question..if I can only get an ATR for any ETF is
> that comparable to HV...Let's use an example...any ETF
> with a 100 day historical volatility greater than 20,
> what would a comparable ATR be?

What is the link between the two indicators?
. Historical Volatility (HV) measures if the stock is active
enough to meet one's goals i.e. a measure of risk tolerance.

. Average True Range (ATR) simply measures the degree of price
movement i.e. volatility - does not indicate price direction or
duration.

Do your own studies and comparisons! Its a matter of perception
and no two traders / investors see the same things on a chart.

ejr

Art;

> Mid-line please. And would it be possible to plot it
> as a histogram also? I suppose that would be more
> like the 2 variations of MACD then

Hmmm; a 20-EMA plotted as a histogram in TeleChart IS
MACD.

What is the purpose of the this '20 EMA Oscillator'?

Which other moving averages will you be comparing the
20-EMA to?

You might want to review the MACD Primer in the File section
http://finance.groups.yahoo.com/group/Telechart_TCNetUsers/files/

. Open the Primers folder
. . Open the MACD PDF folder

ejr


> --- Original Message ---
> >
> >
> > Art,
> >
> > > Is it possible to create code for a 20-EMA Oscillator?
> >
> > Please be a bit more specific!
> >
> > Do you want a banded oscillator like Stochastics,
> > Wilder's RSI, or STOC(RSI)?
> >
> > Or, do want an indicator that has a mid line like ROC?
> >
> > ejr
>

Mid-line please. And would it be possible to plot it as a histogram
also? I suppose that would be more like the 2 variations of MACD then
Thank you



--- Original Message ---
>
>
> Art,
>
> > Is it possible to create code for a 20-EMA Oscillator?
>
> Please be a bit more specific!
>
> Do you want a banded oscillator like Stochastics,
> Wilder's RSI, or STOC(RSI)?
>
> Or, do want an indicator that has a mid line like ROC?
>
> ejr

Using Telechart Platinum am I able to get the historical volatility of any
ETF?..2nd question..if I can only get an ATR for any ETF is that comparable to
HV...Let's use an example...any ETF with a 100 day historical volatility greater
than 20 , what would a comparable ATR be? Thanking you in advance..Bill Band

between Telechart, StockFinder and Free Charts.com?

Art,

> Is it possible to create code for a 20-EMA Oscillator?

Please be a bit more specific!

Do you want a banded oscillator like Stochastics,
Wilder's RSI, or STOC(RSI)?

Or, do want an indicator that has a mid line like ROC?

ejr

An Oscillator of what data? If it is price, here is the formula for the
indicator:

XAVGC20

You could compare XAVGC20 with the regular moving average, AVGC20, or a shorter
or longer one by changing the number for either exponential or simple moving
average, or have two different length exponential averages.

Bob Pegram


   ----- Original Message -----

>  Is it possible to create code for a 20dexp moving average
>  Oscillator? I would like to place it in one of the lower
>  panes.

>  TIA

>  Art

Is it possible to create code for a 20dexp moving average
Oscillator? I would like to place it in one of the lower
panes.

TIA

Art

Kermit -

I have done the same things a number of times (probably many more times than
you). It was when I answered in a hurry as well. Don't worry about it.

Bob Pegram

Bob, You are right.

That's the trouble with giving quick answers without testing them.

Thanks, for catching my error. I hope everyone will learn from my mistake
and always test your work. No matter how trivial it seems.

Kermit

-----Original Message-----
From: Telechart_TCNetUsers@yahoogroups.com
[mailto:Telechart_TCNetUsers@yahoogroups.com] On Behalf Of Bob Pegram
Sent: Thursday, October 29, 2009 3:37 PM
To: Telechart_TCNetUsers@yahoogroups.com
Subject: [Telechart Users Group] Re: Price Crossing down through 50 day
moving average.

The PCF should be (C1 > AVGC50.1) and (C < AVGC50)

The price yesterday should be compared to the average
yesterday and it is the average price so C has to be
included in the AVG function.

Parentheses are unnecessary, but makes it easier to read (for me)..

Bob


>  ----- Original Message -----

>  From: Kermit W. Prather

C > AVG50.1 AND C < AVG50



------------------------------------

Yahoo! Groups Links



No virus found in this incoming message.
Checked by AVG - www.avg.com
Version: 9.0.698 / Virus Database: 270.14.34/2462 - Release Date: 10/29/09
03:38:00

No virus found in this outgoing message.
Checked by AVG - www.avg.com
Version: 9.0.698 / Virus Database: 270.14.34/2462 - Release Date: 10/30/09
03:52:00

The PCF should be (C1 > AVGC50.1) and (C < AVGC50)

The price yesterday should be compared to the average
yesterday and it is the average price so C has to be
included in the AVG function.

Parentheses are unnecessary, but makes it easier to read (for me)..

Bob


>  ----- Original Message -----

>  From: Kermit W. Prather

C > AVG50.1 AND C < AVG50

C > AVG50.1 AND C < AVG50

-----Original Message-----
From: Telechart_TCNetUsers@yahoogroups.com
[mailto:Telechart_TCNetUsers@yahoogroups.com] On Behalf Of res2946
Sent: Wednesday, October 28, 2009 11:00 AM
To: Telechart_TCNetUsers@yahoogroups.com
Subject: [Telechart Users Group] Price Crossing down through 50 day moving
average.

Could anyone help me with a pcf for price crossing
down through a 50 day moving average?



------------------------------------

Yahoo! Groups Links




No virus found in this incoming message.
Checked by AVG - www.avg.com
Version: 9.0.698 / Virus Database: 270.14.34/2462 - Release Date: 10/29/09
03:38:00

No virus found in this outgoing message.
Checked by AVG - www.avg.com
Version: 9.0.698 / Virus Database: 270.14.34/2462 - Release Date: 10/29/09
03:38:00

Could anyone help me with a pcf for price crossing
down through a 50 day moving average?

I haven't gotten any messages for a few days.  Do not believe no one has
anything to say.