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looking for a pcf for a long bar yesterday and a gap today. Rate this Topic:
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turbohog
Posted : Monday, February 4, 2013 3:58:29 PM
Registered User
Joined: 1/18/2011
Posts: 17

Hello,   I am looking to create a pcf for a bullish condition where there was a long down bar yesterday.

The bar should be above 10 day avg range and it should have small shadows upper and lower,  say within 20% of the high and low. 

Then I want today to gap open higher, say by 50 cents or more.    Thats it.

Could you also create it in reverse for a bearish condition please?

Thank You in advance,  Bill

 

Bruce_L
Posted : Monday, February 4, 2013 4:07:32 PM


Worden Trainer

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

Please try the following Condition Formula for your bullish requirements:

O >= C1 + .5 AND H1 - L1 > AVGH10.1 - AVGL10.1 AND H1 - O1 < .2 * (H1 - L1) AND C1 - L1 < .2 * (H1 - L1)

And the following Condition Formula for your bullish requirements:

O <= C1 - .5 AND H1 - L1 > AVGH10.1 - AVGL10.1 AND H1 - C1 < .2 * (H1 - L1) AND O1 - L1 < .2 * (H1 - L1)

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-Bruce
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