I think you can't have your computed field to display in the form... I mean it makes no sens anyway, since the user should not be allow to enter a value in this field since it a calculated field.
I am not sure about the behavior of readable and writable field in case of computed field in a form and why it should prevent the field to compute in case you set to writable=False. For sure combination of both field parameter (readable and writable) on Update, Read and Select should works as describe in the book :
readable if a field is readable, it will be visible in readonly forms. If a field is neither readable nor writable, it will not be displayed in create and update forms.
writable if a field is writable, it can be edited in autogenerated create and update forms.
Anyway, when I use computed field, in the create form, I just leave the default web2py behavior, I mean, the field is not there. By default, it should be there in the read version of the form and not there in the update version of the form. And it should be there in the select.
If this is not good for you, you may try different combination of readable and writable, true or false, at the same time to see if you can set the proper behavior you are searching for. Or you may just give up if you can't get it and explain your users...
Hope it help.
Richard