| 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.
Bollinger Bands
See, also:
. .TeleChart 2000 Help Topics
** ** ** **
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.
See, also:
. .TeleChart
2000 Help Topics
** ** ** **
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.
See, also:
. .TeleChart
2000 Help Topics
** ** ** **
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
. . .message
4495 (3 line stochastics)
See, also:
. .TeleChart
2000 Help Topics
** ** ** **
Wilders 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
See, also:
. .TeleChart
2000 Help Topics
** ** ** **
TC2000s BOP,
CSM, and TSV are substituted for CCI and MFI.
** ** ** **
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.
. .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
** ** ** **
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 todays
CMS is greater than a simple 40 dma applied to CMS, add 5 points.
. . .If todays
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
** ** ** **
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.
. .Special
Reports: Interpreting Time Segmented Volume (Parts One and Two)
. .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.)
** ** ** **
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.
** ** ** **
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
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.
** ** ** **
** ** ** **
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.) ***
** ** ** **
CSM can be substituted for OBV in DNS.
** ** ** **
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
Todays 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
Todays Box Ratio Sort Value*
Todays EMV
Sort Value*
. . .Combine in an Easy Scan for the TC2000 InSync Index
InSROC
Todays ROC(10)
Sort Value*
InSDPO(18)
Todays DPO(18)
Sort Value*
InSBOP
Todays BOP
Sort Value*
Todays BOP is greater than its simple 10-day ma (Sort Value* True)
InSTSV
Todays TSV18 Sort Value*
Todays TSV18 is greater than its simple 10-day ma (Sort Value* True)
Todays TSV18s simple 10-day ma Sort Value*
InSMACD
Todays 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. |