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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Pivot point trend

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sairam54321
Posted : Wednesday, October 3, 2018 11:36:55 AM
Registered User
Joined: 9/7/2017
Posts: 1

Hi,

 

Sorry i am new to TC 2000, I am trying to create a formula  to track trend using pivot points.

(C+H+L)/3 for this week  should be greater than last and week before that

 

Similarly

 

(C+H+L)/3 for this week  should be greater than monthly 

 

Can someone please help. Thanks in advance.

 

 
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Bruce_L
Posted : Tuesday, October 9, 2018 11:34:48 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Just greater than the previous week would be the following.

C + H + L > C1 + H1 + L1

Checking this for at least two bars in a row would be the following.

TrueInRow(C + H + L > C1 + H1 + L1, 2) = 2

Checking for the current bar to be greater than the previous 2 bars would be the following.

C + H + L > GREATEST(C1 + H1 + L1, C2 + H2 + L2)

You can change the time frame of the formula to check for weeks or months as desired. It is not possible to mix time frames in order to compare calendar weeks to calendar months.


-Bruce
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