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Schaff Trend Cycle Indicator


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Schaff Trend Cycle Indicator

  #21 (permalink)
wvl1211
Sydney NSW Australia
 
Posts: 3 since Jul 2017
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Hi
Ok understand the [] means just previous value - no worries and thank you - so Just a bit more help needed if possible
In the line below for the STC calculation what does "CompoundValue" mean?
I know the rest but for the life of me don't get CompoundValue
Thx
Will V L

# smoothes calcuation for %FastD of MACD
rec PF = CompoundValue(1, PF[1] + (factor * (Frac1 - PF[1])), Frac1);

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  #22 (permalink)
 ABCTG   is a Vendor
 
Posts: 2,436 since Apr 2013
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wvl1211,

this should get you going:

Learning Center - CompoundValue

The ToS help section is quite comprehensive and you can find all the functionality explained there.

Regards,

ABCTG


wvl1211 View Post
Hi
Ok understand the [] means just previous value - no worries and thank you - so Just a bit more help needed if possible
In the line below for the STC calculation what does "CompoundValue" mean?
I know the rest but for the life of me don't get CompoundValue
Thx
Will V L

# smoothes calcuation for %FastD of MACD
rec PF = CompoundValue(1, PF[1] + (factor * (Frac1 - PF[1])), Frac1);


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Last Updated on July 26, 2017


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