Money Stream - TC2000 PCFs

Money Stream

Cumulative MoneyStream (MS) the exclusive intellectual property of Worden Brothers, Inc.From the TeleChart 2000 Help Topics, Money Stream has "much the same objectives as OBV”.

Cumulative Money Stream Formula Code: MS

#1 Cumulative Money Stream Value Today PCF
(MS) or (MS1)
. . . Today’s Money Stream Value

(MS.1)
. . . Money Stream Value yesterday

(MS.10)
. . . Money Stream Value 10 days ago

(MS10.6)
. . . Money Stream (10-day average) Value 6 days ago

(MS.10>MS)
. . . Money Stream Value 10 days ago is greater than today’s Money Stream Value

(MS.10<MS)
. . . Money Stream Value 10 days ago is less than today’s Money Stream Value

(MS10>MS)
. . . Today’s Money Stream (10-day average) Value is greater than today’s Money Stream Value

(MS10<MS)
. . . Today’s Money Stream (10-day average) Value is less than today’s Money Stream Value

(MIN(MS,10))
. . . Minimum Money Stream Value over the last 10 days

(MAX(MS,10))
. . . Maximum Money Stream Value over the last 10 days

Formula Explaination - message 13427:
>> "(AVG(MS.1,20)"
AVG( ) is the average value of a function over a period of time MS is the function
MS.1 is yesterday’s Money Stream value 20 is the period of time

(AVG(MS,10))
. . . Average Money Stream Value over the last 10 days

(AVG(MS.5,21))
. . .Average Money Stream Value over the last 21-trading days, excluding the past 5 days

((MS>(AVG(MS,20)))AND(MS.1<(AVG(MS.1,20))))
. . . Today’s Money Stream crossing UP - above its 20-day simple moving average

((MS<(AVG(MS,20)))AND(MS.1>(AVG(MS.1,20))))
. . . Today’s Money Stream crossing DOWN - below its 20-day simple moving average

Cumulative Money Stream DIVERGENCE
"A divergence occurs when the trend of a security's price doesn't agree with the trend of an indicator." http://www.equis.com/free/taaz/intindicators.html#divergences

Positive CMS Divergence
(MS>(MAX(MS,10)))AND(C<MINC10)

Negative CMS Divergence
(MS<(MIN(MS,10)))AND(C>MAXC10)

Message 12992 (by martenee4me)
Here are some of the moneystream PCF's that I got straight from one of the original RT (Real Time) presentations several weeks ago.
Note: Remove the <= minus from

3-YEAR CRITERIA
---------------------------
MS-3 yr (new high)
(MS-MIN(MS,750))/(MAX(MS,750)-MIN(MS,750))*100

Price-3 yr (new high)
(C - MIN(C,750)) / (MAX(C,750) - MIN(C,750)) * 100

MS vs. Price - 3yr
((MS-MIN(MS,750))/(MAX(MS,750)-MIN(MS,750))*100)
- <= minus
((C-MIN(C,750))/(MAX(C,750)-MIN(C,750))*100)

1-YEAR CRITERIA
---------------------------
MS-1 yr (new high)
(MS-MIN(MS,250))/(MAX(MS,250)-MIN(MS,250))*100

Price-1 yr (new high)
(C-MIN(C,250))/(MAX(C,250)-MIN(C,250))*100

MS vs. Price - 1yr
((MS-MIN(MS,250))/(MAX(MS,250)-MIN(MS,250))*100)
- <= minus
((C-MIN(C,250))/(MAX(C,250)-MIN(C,250))*100)

3-MONTH CRITERIA
---------------------------
MS-3 mo (new high)
(MS-MIN(MS,60))/(MAX(MS,60)-MIN(MS,60))*100

Price-3 mo (new high)
(C-MIN(C,60))/(MAX(C,60)-MIN(C,60))*100

MS vs. Price - 3mo
((MS-MIN(MS,60))/(MAX(MS,60)-MIN(MS,60))*100)
- <= minus
((C-MIN(C,60))/(MAX(C,60)-MIN(C,60))*100)

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

MS vs. Price - 1 wk change
(MS-MS.5)/(MAX(MS,5)-MIN(MS,5))*100

They suggested creating a watchlist tab with the above in the following order:

Symbol
MS-3 yr (new high)
Price-3 yr (new high)
MS vs. Price - 3yr
MS-1 yr (new high)
Price-1 yr (new high)
MS vs. Price - 1yr
MS-3 mo (new high)
Price-3 mo (new high)
MS vs. Price - 3mo
MS vs. Price - 1 wk change

Interpretation:
As MS New High number approaches 100, the closer it is to new high
As Price New High number approaches 100, the closer it is to new high
If MS vs. Price is positive MS is leading price
If MS vs. price is close then they are moving in sync
If MS vs. price is negative then MS is lagging price

This enables one to sort a WatchList and find stocks in which MS is making new highs. Or find divergences between MS and price.

For additional information:
From the Telechart 2000 Help menu
. . . Users Guide . . pages 53 - 62
http://www.tradeon.com/tradeon/tc2000/index.html
http://www.tradeon.com/tradeon/tc2000/divug.html
http://www.equis.com/free/taaz/linearegression.html
http://www.equis.com/free/taaz/intindicators.html#divergences

See, also:
TeleChart 2000 Help Topics
. . .Formula codes
. . . .Max( ) and Min ( )
. . . .Math Operators
. . . . Average AVG( )
. . .Linear Regression
. . .Money Stream