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cpoteet
Posted : Friday, March 9, 2007 12:01:31 PM
Registered User
Joined: 9/23/2006
Posts: 6
I would like to create a custom scan that would bive me a line chart output prefferably directly on my chart but that is not necessary.

Here is the formula

we will start with the most recent completed time period, say yesterday.

(HIGH-LOW)/PREVIOUS time period's CLOSE.

Bruce_L
Posted : Friday, March 9, 2007 12:10:34 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Please try the following:

Select Chart Template | Add Indicator | Indicator.
- Visible: Checked
- Center Zero Line: Unchecked
- Plot using price scale: Unchecked
- Smoothing Average: 1
- Average Type: Doesn't matter (because the Smoothing Average is 1)
- Indicator Formula: (H - L) / C1

You may wish to review the following:

Plotting Custom Indicators with Examples
Handy PCF example formulas to help you learn the syntax of PCFs!

-Bruce
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