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Problem with "engulfing pattern pcf" Rate this Topic:
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odejonge
Posted : Tuesday, September 16, 2008 12:51:40 PM
Registered User
Joined: 12/9/2004
Posts: 48
I have been unsuccessful to identify Bullish Engulfing candles using your formula :  
"   Engulfing
ABS(C1-O1)>(H1-L1)*0.50 AND
C1<O1 AND
C>O1 AND
O<C1  )

I'm pretty sure I've made an error somewhere, that's been sometimes the case...

Thanks for your help to get me on track!
Bruce_L
Posted : Tuesday, September 16, 2008 2:04:52 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
I'm not a candlestick guy. If you provide a detailed and objective definition of what you see as a Bullish Engulfing Candlestick Pattern, I will do my best to help you create a Personal Criteria Formula that will match your definition.

Boolean PCFs for Candlestick Patterns
How to create a Personal Criteria Forumula (PCF)
PCF Formula Descriptions

-Bruce
Personal Criteria Formulas
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