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Average True Range in PCF? Topic Rating:
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chrfiala76
Posted : Wednesday, December 19, 2012 8:44:07 AM
Registered User
Joined: 8/19/2010
Posts: 40

Hi,

what is the name of the indicator for using it in a PCF, i tried ATR(21) but got an error messagae

or, is there an easier way to get the normal range in a pcf beside

ABS(O1-C1)+ABS(O2-C2)+ABS(O3-C3)+... ... .. /Days

 

 

chrfiala76
Posted : Wednesday, December 19, 2012 8:45:34 AM
Registered User
Joined: 8/19/2010
Posts: 40

i'd like to add another question,

 

is it possible to refer to a different time frame in one PCF?

having the first condition based on the hourly, then others on the daily?

Bruce_L
Posted : Wednesday, December 19, 2012 8:48:51 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

Average True Range is not built into the Personal Criteria Formula Language and needs to be constructed manually.

Average True Range formulas for a variety of Periods and Moving Average types are provided in the following topics:

Please provide a description and PCF for calculating an ATR value to be used as a stop loss value
Sir Old Viking Trader and PCFs
20-Day Average True Range
ATR for PCF
5 day Average True Range

In TC2000 version 7, all PCFs are Daily. In TC2000 version 12.2, it is possible to set the Time Frame of the PCF, but it applies to the PCF as whole and it is not possible to have more than one Time Frame in the same PCF (but you can have PCFs with different Time Frames as EasyScan Conditions in the same EasyScan).



-Bruce
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