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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: freelyhovering who wrote (7557)	1/5/1998 8:58:00 AM
From: Jack Landis	Read Replies (1) \| Respond to of 12039

Myron.....You can use the weights in the custom formula section of TC2000 or TC Pro.This permits weighting as well as putting 5 indicators together in one formula. You then can scan for a condition such as >0 or higher than yesterdays formula. Also, you can rank all your database by putting the formula in the "sort by" section when building a scan. To put the 89.21 in a single chart go to S (for stochastics) then hit 89,then 21, then hit ESCAPE.This will put the 89.21 alone on the chart.Instead of hitting escape you can put in a moving average to compare with the stochastics to see whether the index is above or below the average.For moving averages I use: 8.3 = 2 21.5 = 4 34.8 = 6 55.13 = 8 89.21 = 10 You can also use the difference between the indicator and its average in a formula as I showed in TAINJ last Summer. By the way, I am a Beta Tester for Worden's new product called "StockFinder". Brings in a lot of fundamentals and ability to scan them.Still waiting for them to put custom indicators and formulas into this product so it will be a while before release. Jack Landis