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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » pcf formula for a hard stop

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thomasfindlan
Posted : Sunday, September 23, 2018 3:32:38 PM
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Joined: 6/18/2010
Posts: 29

Are you able to contruct a PCF formula for close of current bar minus a 7 period ATR x 2?

 

Ex  close = 100   7ATR = 2   Stop would be 100 - 2(7ATR) = 96

 

Thank you
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bcochrane
Posted : Sunday, September 23, 2018 3:51:57 PM
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Joined: 9/17/2010
Posts: 484

C - 2*ATR7 probably
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