Registered User Joined: 1/18/2011 Posts: 17
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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
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 Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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)
Boolean PCFs for Candlestick Patterns
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!
-Bruce Personal Criteria Formulas TC2000 Support Articles
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