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Worden Discussion Forum » Customer Training & Support » PCFs, EasyScan and Custom Indicators » Finding the three highest closes in the past 20 days

Finding the three highest closes in the past 20 days Rate this Topic:
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PRSC24
Posted : Saturday, July 17, 2010 10:38:24 PM
Registered User
Joined: 3/31/2005
Posts: 17
Hello,
Can a PCF be created that averages the three highest closes in the last 20 days?
I would like to look at charts where today’s close is greater than the average of the 3 highest closes over the previous 20 days. As an example, on 4/6/10 AIG closed at 35.91 and the average of the highest 3 closes from the previous 20 days was 35.47 (36.24 on 3/10/10; 35.11 on 3/11/10 and 35.06 on 4/5/10).
Thanks in advance for any help.
Eric
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Bruce_L
Posted : Thursday, July 22, 2010 9:05:38 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 A technique for finding these values is described in the PCF for Order Statistics topic, but the formulas will be rather long if written for 20-Periods:

PCF for Order Statistics
-Bruce
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