Registered User
Joined: 4/15/2011
Posts: 29
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Hi,
I would like to screen markets for the following condition:
Lagging span (which, as I understand, is the same as Chikou Span) crossed price 26 periods ago (from below to above = bullish sign; from above below = bearish sign)
Is there a pcf for that (in both directions)?
Thanx a lot!!
Thomas
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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A Condition Formula for the most recent Lagging Span crossing up price would be the same as the formula for the current price crossing up through the price of 26-bars ago:
C > C26 AND C1 <= C27
The crossing down formula would reverse the > and < signs:
C < C26 AND C1 >= C27
A Condition Formula which would check for crosses in either direction would be:
SGN(C - C26) <> SGN(C1 - C27)
-Bruce
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Registered User
Joined: 4/15/2011
Posts: 29
|
Thanx a lot, Bruce!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|