I would like to have a scan that indicates when the 9 period EMA changes direction on a daily chart.

Example:   9 EMA is lower on tuesday than on Monday.  On Wednesday it is higher than Tuesday.

Then the same scan, but in reverse to know when the 9 EMA turns down from the previous day.

Thanks SO much for your help!

Phil

W4NGU

A Condition Formula for the 9-period exponential moving average turning up could be written as:

XAVGC9 > XAVGC9.1 AND XAVGC9.1 < XAVGC9.2

Which could be shortened to:

C > XAVGC9.1 AND C1 < XAVGC9.2

A Condition Formula for the 9-period exponential moving average turning down could be written as:

XAVGC9 < XAVGC9.1 AND XAVGC9.1 > XAVGC9.2

Which could be shortened to:

C < XAVGC9.1 AND C1 > XAVGC9.2

PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
Cascades of Moving Averages

Thanks, Bruce!

My husband has started the education with Stephan Bigalow with Candlestick Investing.  There are several scans to develop which I have tried but find that the demonstration that they gave were using the old TeleChart method to develop the PCF and so wonder if you could give me a jump.  I need the following: price > 5, volume > 200000 (based on volume past 90 days), % change in price today (slide scale down to oversold), and stochastics < 20.  I had price put in as C > 5 and the % change as 100 * (C -C1) /C1 .  Do you know anything about formulas in TC 2000 for "shooting star", dogi's, or other candlestick formations?  Thank you for your consideration of these items.  Junia Barber (email removed by moderator)

I found this : Boolean PCFs for Candlestick Patterns

Your formulas for price and % change would seem to be correct. Checking for the 90-Period Simple Moving Average of Volume being greater than 200000 shares would be:

AVGV90 > 200000

You may be better off just adding a Stochastic to the chart, adjusting its settings as desired, clicking on it and selecting Create Scan Condition than trying to create a Condition for Stochastics. We would need to know your settings to help you create a Condition Formula, but the following topic might have enough information to allow you to create the formula on your own.

Understanding Stochastics

The best reference in the forums with candlestick pattern formulas has already been supplied by bw4.

can someone help with coding John Carter's squeeze? ie when bollinger band goes inside the Keltner channel? Maybe its already coded ?? Could it be done by indicators and scanning with criteria top channel of bolinger band crossing top channel of Keltner? It looks ok when I did this, thanks.

david

The centerlines of the Bollinger Bands and Keltner Channel are not the same, so the fact that the top Bollinger Band is below the top Keltner Channel does not necessarily mean that the Bollinger Bands are completely inside the Keltner Channels. That said, it is probably close enough.

Create Conditions from Your Chart

You could create another Condition for the bottom Bollinger Band being above the bottom Keltner Channel as well and use both Conditions as EasyScan Conditions if you wanted to make sure, but it is probably not worth the extra hassle.

Building a Scan with Multiple Conditions

Searching for TTM Squeeze should find numerous other topics related to your request if you want to try a different technique instead.

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