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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 12/18 » LOWEST HIGH
Bruce using your past pcf idea i created this below pcf , and it picks up the spike as desired but i want to filter many fake spikes to get the B" point with a controlled fib ratios adding into a new PCF, please see the attached Link and pcf below that i did
https://www.dhirenshah.com/bearish-shark-5-0/
I need B point as a spike after if it meets the following points
1) B point must be a New lowest low or new lowest high
2) When fib retracement drawn from X point to A point when A point is most recent , so the B point must be between fib ratios of 100.01 and 200 % OF XA
3) When Fib retracement drawn from O to X then the High of "A" point must be between 38% and 65% retracement of OX when X is the most recent point
thanks
I do not have a way to do this for all of the reasons we have discussed previously.
At point B we can find the value of point A and point X, but not point O.
And while it does not seem to be part if your requirements, I cannot check at point B if point A, X, or O are higher or lower than the previous high or low. I mention this because the reason given in the previous paragraph is the same reason we couldn't do this type of request previously when you asked.
On another note, finding the value of X would dramatically incease the length of the formula and make it a lot slower.
Alrite Bruce how about we split it into two seperate pcf
1) when B" point breaks X low and remains within Fib retracement of 100.01 to 200 then show a spike AND FORMULA MUST ASSUME THAT X" POINT WAS A FIVE BAR FRACTAL LOW
2) when A " point remains within fib ratios 38%-65% of O to X then show a spike ASSUMING X' POINT WAS A FIVE BAR FRACTAL LOW
So i will combine them in a scan and the narrow that listing
hope it helps
No, there is no way to calculate at O at point B even if the formulas are separate.
We can't just store or keep plotting O to use in future calculations or to know where A is relative to O and X except exactly at point A. One bar past A, and O and the range of O through X is no longer accessible without nesting everything another level. This would increase the formula size and decrease the formula speed exponentially. This is not happening.
Ok One last thing to try on this topic , i need a new spike when this below formula was true 3 times within last 30 bars it has to be 3 times not 2 not 4 the spike must happen only if it was true 3 times
So just a condition formula to use in a Custom PCF % True Indicator?
CountTrue(MINL2 > L2 AND L2 < MINL2.3 AND L2 < IIF(MINL2.3 > L5 AND L5 < MINL2.6, L5, IIF(MINL2.4 > L6 AND L6 < MINL2.7, L6, IIF(MINL2.5 > L7 AND L7 < MINL2.8, L7, IIF(MINL2.6 > L8 AND L8 < MINL2.9, L8, IIF(MINL2.7 > L9 AND L9 < MINL2.10, L9, IIF(MINL2.8 > L10 AND L10 < MINL2.11, L10, IIF(MINL2.9 > L11 AND L11 < MINL2.12, L11, IIF(MINL2.10 > L12 AND L12 < MINL2.13, L12, IIF(MINL2.11 > L13 AND L13 < MINL2.14, L13, IIF(MINL2.12 > L14 AND L14 < MINL2.15, L14, IIF(MINL2.13 > L15 AND L15 < MINL2.16, L15, IIF(MINL2.14 > L16 AND L16 < MINL2.17, L16, IIF(MINL2.15 > L17 AND L17 < MINL2.18, L17, IIF(MINL2.16 > L18 AND L18 < MINL2.19, L18, IIF(MINL2.17 > L19 AND L19 < MINL2.20, L19, IIF(MINL2.18 > L20 AND L20 < MINL2.21, L20, IIF(MINL2.19 > L21 AND L21 < MINL2.22, L21, IIF(MINL2.20 > L22 AND L22 < MINL2.23, L22, IIF(MINL2.21 > L23 AND L23 < MINL2.24, L23, IIF(MINL2.22 > L24 AND L24 < MINL2.25, L24, IIF(MINL2.23 > L25 AND L25 < MINL2.26, L25, IIF(MINL2.24 > L26 AND L26 < MINL2.27, L26, IIF(MINL2.25 > L27 AND L27 < MINL2.28, L27, IIF(MINL2.26 > L28 AND L28 < MINL2.29, L28, IIF(MINL2.27 > L29 AND L29 < MINL2.30, L29, IIF(MINL2.28 > L30 AND L30 < MINL2.31, L30, IIF(MINL2.29 > L31 AND L31 < MINL2.32, L31, IIF(MINL2.30 > L32 AND L32 < MINL2.33, L32, IIF(MINL2.31 > L33 AND L33 < MINL2.34, L33, IIF(MINL2.32 > L34 AND L34 < MINL2.35, L34, IIF(MINL2.33 > L35 AND L35 < MINL2.36, L35, IIF(MINL2.34 > L36 AND L36 < MINL2.37, L36, IIF(MINL2.35 > L37 AND L37 < MINL2.38, L37, IIF(MINL2.36 > L38 AND L38 < MINL2.39, L38, IIF(MINL2.37 > L39 AND L39 < MINL2.40, L39, IIF(MINL2.38 > L40 AND L40 < MINL2.41, L40, IIF(MINL2.39 > L41 AND L41 < MINL2.42, L41, IIF(MINL2.40 > L42 AND L42 < MINL2.43, L42, IIF(MINL2.41 > L43 AND L43 < MINL2.44, L43, IIF(MINL2.42 > L44 AND L44 < MINL2.45, L44, IIF(MINL2.43 > L45 AND L45 < MINL2.46, L45, IIF(MINL2.44 > L46 AND L46 < MINL2.47, L46, IIF(MINL2.45 > L47 AND L47 < MINL2.48, L47, IIF(MINL2.46 > L48 AND L48 < MINL2.49, L48, IIF(MINL2.47 > L49 AND L49 < MINL2.50, L49, IIF(MINL2.48 > L50 AND L50 < MINL2.51, L50, IIF(MINL2.49 > L51 AND L51 < MINL2.52, L51, IIF(MINL2.50 > L52 AND L52 < MINL2.53, L52, IIF(MINL2.51 > L53 AND L53 < MINL2.54, L53, IIF(MINL2.52 > L54 AND L54 < MINL2.55, L54, IIF(MINL2.53 > L55 AND L55 < MINL2.56, L55, IIF(MINL2.54 > L56 AND L56 < MINL2.57, L56, IIF(MINL2.55 > L57 AND L57 < MINL2.58, L57, IIF(MINL2.56 > L58 AND L58 < MINL2.59, L58, IIF(MINL2.57 > L59 AND L59 < MINL2.60, L59, IIF(MINL2.58 > L60 AND L60 < MINL2.61, L60, IIF(MINL2.59 > L61 AND L61 < MINL2.62, L61, IIF(MINL2.60 > L62 AND L62 < MINL2.63, L62, IIF(MINL2.61 > L63 AND L63 < MINL2.64, L63, IIF(MINL2.62 > L64 AND L64 < MINL2.65, L64, 1 / 0)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))), 30) = 3
Perfect thankyou
You're welcome.