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Registered User
Joined: 1/9/2006
Posts: 99
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hello,
In the "Worden report" last friday, june 23 was a PCF for a stop loss by: volatility 5 day by %.
I didn't get a %, like 2.3% what did I do wrong?
(H+H1+H2+H3+H4-L1-L2-L3-L4)/0.025/H-L)
thanks,
dwm4554
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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We cannot say exactly how the PCF is supposed to be used.
You can email the author via support@worden.com
Please send you message to support and ask them to forward it for you.
- Craig
Here to Help!
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Registered User
Joined: 1/1/2005
Posts: 2,645
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dwm4554,
The PCF in the Report is:
(H+H1+H2+H3+H4-L-L1-L2-L3-L4)/0.025/(H-L)
rather than what you have.
There is obviously a typo and it was intended to be:
(H+H1+H2+H3+H4-L-L1-L2-L3-L4)/0.025/(H+L)
This is the average range over 5 days as a percentage of the average price today. It is probably a little more recognizable in the form:
100*(AVGH5-AVGL5)/((H+L)/2)
Thanks,
Jim Murphy
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Registered User
Joined: 1/9/2006
Posts: 99
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bustermu
thanks alot!
So is the first PCF in the same report correct?
Volatility5
(H+H1+H2+H3+H4-L1-L2-L3-L4)/5
This is show the $ amount of volatility over 5 days.
thanks,
dwm4554
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Registered User
Joined: 1/28/2005
Posts: 6,049
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dwm4554
"(H+H1+H2+H3+H4-L1-L2-L3-L4)/5"
is the average range over five days.
It can be written more simply:
AVGH5-AVGL5
Thanks
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Registered User
Joined: 1/1/2005
Posts: 2,645
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dwm4554,
What is in the Report is:
(H+H1+H2+H3+H4-L-L1-L2-L3-L4)/5
rather than what you have. It can be written more compactly as:
AVGH5-AVGL5
as pointed out by diceman.
Thanks,
Jim Murphy
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Registered User
Joined: 1/9/2006
Posts: 99
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Guys,
thanks alot!
very helpful
dwm4554
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Registered User
Joined: 12/30/2004
Posts: 3
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Hi support,
I've been trying to create the custom price channel re Sir Risk- Adjuster, it tests ok, and looks fine on the screen, but when I move to another F# and return to the one I did the custom price channel on,it's no longer there? I can't find anywhere to save it?
Any help you could offer would be most welcome,thanks.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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You have to be sure you SAVE your template once you place the indicator.
Customize your charts using Chart Templates
Adding, removing and saving indicators to a chart template
- Craig
Here to Help!
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