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Doji at 8EMA Rate this Topic:
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martinvickers
Posted : Friday, August 24, 2012 3:06:56 PM
Registered User
Joined: 8/18/2012
Posts: 4

I am trying to create a PCF that will show a doji (Almost Doji) candlestick that closes within +/- .005 percent of the closing 8 day EMA.

For instance, if the closing value of the  8 day EMA is $10.00 I would like the formula to show me doji's whose closing price is  between $9.95 and $10.05.

The formula I have for the (Almost) dolji is as follows:

(ABS(O-C)<=((H-L)*0.1))

 

 

Can you help me with the rest of the formula?

diceman
Posted : Friday, August 24, 2012 5:05:34 PM
Registered User
Joined: 1/28/2005
Posts: 6,049

Try this

 

  (ABS(O-C)<=((H-L)*0.1))ANDABS((C/XAVGC8*100)-100)<=.005

 

I think you will need to increase the percent.

It doesnt happen often add the doji and its even less.

 

HNZ was true on 8-22-12

 

 

Thanks

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