TCSE UPDATE JAN 2025

Latest update from TCSE for Moomoo only. I will stop the updates until next month FEB.

Things I have changed or improved:

1. The line connecting the stop loss is replaced with a purple line ema 42. It hurts my eyes to look at.

2. The symbol + as a cycle indicator is replaced with the symbol S.

3. Calculations for Cycle Begin, Stop Loss are also modified to be nearly identical to TCSE24 on Tradingview. Can't be 100% the same because of the old school Moomoo script.

4. In the TCSE menu, there is an input M. This represents the variable value for Stop Loss. By default, I set it to 3. Simply put, larger than 3, the farther the Stop Loss distance and smaller than 3, the closer the Stop Loss. You can input any value including decimal numbers, for example 3.5 and so on, minimum 0 and maximum 100.

Problem arises.

If you notice, for stocks that have just had an IPO, the cycle begin signal may not appear. With this update, I managed to make it appear earlier, but the Stop Loss value did not appear. I will update it after February if I can find a way.

For the VOLSPIKE indicator, I made a few improvements, where previously the volume value appeared as a long number. Now, I have changed the format to xx.xxx in M (million). For example, 3.300M equals 3,300,000 or 0.330M equals 330,000.