InSync Index

InSync Index (ejr39)

For those who aren't familiar with the InSync Index (II): "...the Insync Index shows that when a majority of indicators are IN SYNC - a turning point is near. By using the index as a filter, large databases can be scanned quickly to identify issues that may be about ready to reverse their TREND." (From SI’s Technical Analysis for Beginners)

This is the InSync Index adapted for TC2000 version 4.2.0040 . . .DPO, EMV, MACD, ROC, RSI, and Stochastics are time tested; these PCFs are ‘chiseled in stone’ – adjust the Sort Ranks and Values using the EasyScan Range selectors.

. . .Change BOP and TSV values to compliment both the established II components and your trading/investing style.

This II tally starts with 75 points; add or subtract points as indicated. II is oversold if the tally is less than 30 points (20%); II is overbought if the tally is greater than 135 points (90%).

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INSYNC INDEX

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Bollinger Bands

11 InSBB: (C-(AVGC20-(C*.05)))/((AVGC20+(C*.95))-(AVGC20-(C*.05)))

. . .If the (Upper) InSBB Sort Value is greater than > 0, add 5 points.

. . .If the (Lower) InSBB Sort Value is less than 0, subtract 5 points.

http://www.e-analytics.com/bolinger.htm

http://www.equis.com/free/taaz/bollinger.html

See, also:

. .TeleChart 2000 Help Topics

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Moving Average Convergence Divergence (MACD)

17 InSMACD1: (AVGC8 - AVGC17)

17 InSMACD2: (AVGC8 - AVGC17) - (AVG(AVGC8,10) - AVG(AVGC17,10))

. . .If InSMACD1 Sort Value is greater than 0 AND InSMACD2 Sort Value is greater than 0, add 5 points.

. . .If InSMACD2 Sort Value is less than 0 AND InSMACD2 Sort Value is less than 0, subtract 5 points.

http://www.e-analytics.com/momentu.htm

http://www.equis.com/free/taaz/macd.html

See, also:

. .TeleChart 2000 Help Topics

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Price Rate of Change (ROC)

15 InSROC: (C/C10)

. . .If InSROC Sort Value is greater than 1 AND (visual confirmation) ROC(10) is greater than a simple 10 dma applied to ROC(10), add 5 points.

. . .If InSROC Sort Value is less than 1 AND (visual confirmation) ROC(10) is less than a simple 10 dma applied to

ROC(10), subtract 5 points.

http://www.e-analytics.com/momentu.htm

http://www.equis.com/free/taaz/pricerateochange.html

See, also:

. .TeleChart 2000 Help Topics

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Stochastics

13 InSSt: (Stoc14.1)

. . .If InSSt Sort Value is greater than 80, add 10 points

. . .If InSSt Sort Value is less than 20, subtract 10 points

Edit chart's Indicator Tab#

. .<Add Indicator>

. .Stochastics

. . .Period 14, %K 1, %D 3

http://www.e-analytics.com/stochast.htm

http://www.equis.com/free/taaz/stochasticosc.html

http://clubs.yahoo.com/clubs/telechart2000usergroup

. . .message 4495 (3 line stochastics)

See, also:

. .TeleChart 2000 Help Topics

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Wilder’s Relative Strength Index (RSI)

12 InSRSI: (RSI14)

. . .If InSRSI is greater than 70, add 5 points

. . .If InSRSI is less than 30, subtract 5 points

http://www.e-analytics.com/rsi.htm

http://www.equis.com/free/taaz/rsi.html

See, also:

. .TeleChart 2000 Help Topics

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TC2000’s BOP, CSM, and TSV are substituted for CCI and MFI.

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Balance of Power (BOP)

18 InSBOP1

(BOP1)

** or Select <BOP Value Today-H> from the Main Screen WatchList’s Select Criteria to Sort by dropdown menu **

18 InSBOP2

BOP > AVG(BOP,10)

. . .If InSBOP1 Sort Value is greater than 0 AND InSBOP2 Sort Value is TRUE, add 5 points.

. . .If InSBOP1 Sort Value is less than 0 AND InSBOP2 Sort Value is blank, subtract 5 points.

http://www.tc2000.com/

. .Special Reports: Interpreting Balance of Power (Parts One and Two)

See, also:

. .TeleChart 2000 Help Topics

. .Users Guide p. 59, p. 61-64

. .Daily Worden Report for 8/16/98

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Cumulative Money Stream (CMS)

Visual

CMS has two parts.

Part 1: See message 4333, Divergence (Replace Time Segmented Volume indicator with Money Stream indicator)

. . .Positive divergence, add 5 points.

. . .Negative divergence, subtract 5 points.

Part 2:

. . .If today’s CMS is greater than a simple 40 dma applied to CMS, add 5 points.

. . .If today’s CMS is less than a simple 40 dma applied to CMS, subtract 5 points.

See, also:

. .TeleChart 2000 Help Topics

. .Users Guide p. 60-64

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Time Segmented Volume (TSV)

19 InSTSV1

(TSV18)

19 InSTSV2

(TSV18 > AVG(TSV18,10))

19 InSTSV3

(AVG(TSV18,10))

TSV has 4 parts:

Part 1:

. . .If InSTSV1 Sort Value is greater than 0, add 5 points.

. . .If InSTSV1 Sort Value is less than 0, subtract 5 points.

Part 2:

. . .If InSTSV2 Sort Value is TRUE, add 5 points.

. . .If InSTSV2 Sort Value is blank, subtract 5 points.

Part 3:

. . .If InSTSV3 Sort Value is greater than 0, add 5 points.

. . .If InSTSV3 Sort Value is less than 0, subtract 5 points.

Part 4 – visual (See message 4333, Divergence)

. . .Positive divergence, add 5 points.

. . .Negative divergence, subtract 5 points.

http://www.tc2000.com/

. .Special Reports: Interpreting Time Segmented Volume (Parts One and Two)

http://clubs.yahoo.com/clubs/telechart2000usergroup

. .message 4333 (Divergence)

See, also:

. .TeleChart 2000 Help Topics

Confirmation PCFs

. . .TC2000 version 4.2.0040 allows calculation of DPO and EMV; unfortunately, the results are values only. Tally the DPO and EMV points as indicated. (I’ve found these indicators helpful when choosing between several TENDING stocks with similar tallies.)

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Detrended Price Oscillator (DPO)

16 InSDPO: (C-((AVGC18/2)+1)

. . .If InSDPO Sort Value is greater than 0, add 5 points.

. . .If InSDPO Sort Value is less than 0, subtract 5 points.

http://www.e-analytics.com/dpo.htm

http://www.equis.com/free/taaz/detrpricosc.html

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Ease of Movement Value (EMV)

14 MidPoint Move

InSEMV1: ((H + L) / 2) - ((H1 + L2) / 2)

14 Box Ratio

InSEMV2: (V / (((H * 8) - (L * 8)) + 0.001)) * .01

...If Insemv1 > 0 and Insemv2 > .5, add 5 pts

...If Insemv1 <0 and Insemv2 < -.5 add 5 pts.

14 InSyncEMV

. . .Combine in an Easy Scan for the TC2000 InSync Index

For Overbought condition:

. . . . .Adjust InSEMV1 Range Selector Value)...0 to Max

. . . . .Adjust InSEMV2 Range Selector (Value)...5 to Max

For Oversold condition:

. . . . .Adjust InSEMV1 Range Selector (Value)...Min to 0

. . . . .Adjust InSEMV2 Range Selector (Value)...5 to Max

http://www.equis.com/free/taaz/easeofmovem.html

Note:

*Sort Value appears on the Main Chart window below the WatchList and Sort windows - below the Ascending /

Descending buttons – in the [Symbol [ Company Name ] Sort Value] window

Please remember that the TC2000 InSync values are suggestions. As you understand each indicator or oscillator, adjust

the values to suit your investing / trading style.

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Notes:

Comment on InSync from Richard Evans:

"INSYNC is one that I always look at on CANSLIM stocks for reentry and exit. A move up thru 20 is a buy; a move down thru 90 is a sell then a move back up thru 50 is a buy with down move thru 90 your sell. The move from 90 to 40-45 are resting spots for reentry. (20 and 90 are good trigger lines with 50 for reentry)."

*** If you wish to use Richard Evans suggestions with the TC2000 version 4.2.0040 InSync Index Tally, adjust to: A move up thru 30 is a buy; a move down thru 135 is a sell then a move back up thru 75 is a buy with down move thru 135 your sell. The move from 135 to 60-67 are resting spots for entry. (30 and 135 are good trigger lines with 75 for reentry.) ***

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CSM can be substituted for OBV in DNS.

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CCI can be duplicated visually in TC2000 by setting Bollinger Bands for a period 21 days, 15 width (1.5 std dev).

InSync Index for TC2000 in Words(ejr39)

InSync Index for TC2000 in words:

InSBB

Today’s price vs. simple 20-day ma Sort Value*

InSRSI14

Today's raw RSI14 Sort Value*

InSSt14.1

Today's raw 14 Period Stochastics Sort Value*

InSyncEMV

Today’s Box Ratio Sort Value*

Today’s EMV Sort Value*

. . .Combine in an Easy Scan for the TC2000 InSync Index

InSROC

Today’s ROC(10) Sort Value*

InSDPO(18)

Today’s DPO(18) Sort Value*

InSBOP

Today’s BOP Sort Value*

Today’s BOP is greater than its simple 10-day ma (Sort Value* True)

InSTSV

Today’s TSV18 Sort Value*

Today’s TSV18 is greater than its simple 10-day ma (Sort Value* True)

Today’s TSV18’s simple 10-day ma Sort Value*

InSMACD

Today’s MACD8.17 Sort Value*

Today's MACD8.17's simple 10-day ma Sort Value*

Notes:

*Sort Value appears on the Main Chart window below the WatchList and Sort windows - below the Ascending /

Descending buttons – in the [Symbol [ Company Name ] Sort Value] window

In the original InSync Index,

. . .EMV is compared to its simple 10-day ma

. . .DPO is compared to its simple 10-day ma

TSV . . .Worden Brother’s suggest 18, 26, or 34; use the one that fits your style

InSync Index Chart Layouts(ejr39)

Chart windows for InSync Index PCF's.

To charts from the Edit Indicator window: <Add Indicator>

. . .Bollinger Bands to the price in a top window

. . . .Period 20

. . . .Width 20

. . .Moving Average to the price

. . . .Period 20

. . .Wilder's RSI (in another window)

. . . .Period 14

. . . .Avg Period 1

. . .Stochastics

. . .(If you understand the concepts of RSI and Stochastics, use the same window, otherwise use another window).

. . . .Period 14

. . . .SK Period 1

. . . .SD Period 3

. . .Volume Bars (in another window)

. . . .Moving Average

. . . . .Period 120

. . .BOP (in another window)

. . . .Moving Average

. . . . .Period 10

. . . . .Simple

. . .TSV(in another window)

. . . .Period 18

. . . .Moving Average

. . . . .Period 10

. . . . .Simple

. . .Follow instructions for divergence in message 4333.

. . .OBV (or CMS) (in another window)

. . . .Moving Average

. . . . .Period 40

. . .MACD (in another window)

. . . .Short 8

. . . .Long 17

. . . .Period 9

. . . .Exponential

. . . .Moving Average

. . . . .Period 10

. . . . . . .Simple

Note: If you understand the concepts, the indicators and oscillators can be combined into any cominations that you prefer.

Suggestion: Display Moving Averages on the indicators and oscillators as Drawing Color white, Drawing Style dotted.