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focentis
Posted : Friday, May 31, 2013 9:01:16 AM
Registered User
Joined: 7/19/2010
Posts: 25

Hi

 

I need formula for condition

Chaklim money flow (period 2. timeframe 30) - current must be greater 2 bar back


For instance: chaklin money at 11 am greaer chaclin money at 10 am

 

Thanks

 

Julia_O
Posted : Friday, May 31, 2013 10:05:34 AM


Worden Trainer

Joined: 4/26/2007
Posts: 508

You won't need a formula for this, focentis.  

Follow these steps, and you'll be able to scan for this type of behavior:  (If you need clarification on any step, please ask)

1. Plot Chaikin Money Flow on your chart.  Click the name of the indictor and choose Edit to assign it a 30 bar period.

2. Click the name of the indicator and choose Create Scan Condition

3. Within the behavioral drop-down, use these settings.  

     Condition: Moving Up Net

     Period: 1

     Net Change >: 0

     Time Frame: Hourly

4. Click "Scan in new window"

 

That should get you a list of all of the symbols with charts whose Chaikin Money Flow has moved up at all over the last hour.

Hope that helps.

Best,

Julia

Bruce_L
Posted : Friday, May 31, 2013 10:05:51 AM


Worden Trainer

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

Add the indicator to your chart and adjust its settings as desired. Click on the indicator and select Create Scan Condition. You will want to create a Condition for Moving Up Net with the Period set to 2 and the Net Change set to 0.

Create Conditions from Your Chart



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
focentis
Posted : Friday, May 31, 2013 11:38:04 AM
Registered User
Joined: 7/19/2010
Posts: 25

Bruce

 

I need a formula, because i wnat check after work (5pm). What you gave me i can check it only at current tiime 

In other word i need formula to check if current  chaklin  > chaclin 2 bar back.

For instance - now 14 pm. I want to check if chaklin money flow  at 11 am was greater chaclin at 10 am.

I am using chalin (period 2, timeframe 30 min)

 

Bruce_L
Posted : Saturday, June 1, 2013 8:29:00 AM


Worden Trainer

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

You do not need a formula and you are far better off not using a formula for this if at all possible.

You can add a 1-Period Simple Moving Average with the Offset set to the number of bars ago you want to check if you want to create a WatchList Column or EasyScan Condition based on a certain number of bars ago instead of the current value. Just click on the moving average instead of the indicator itself to create your Condition.

An Indicator Formula for a 2-Period Chaikin Money Flow indicator can be written as:

((2 * C - L - H) / (H - L + .00001) * V + (2 * C1 - L1 - H1) / (H1 - L1 + .00001) * V1) / (AVGV2 * 2 + .00001)

A Condition Formula for a 2-Period Chaikin Money Flow indicator being greater than 2-bars ago can be written as:

((2 * C - L - H) / (H - L + .00001) * V + (2 * C1 - L1 - H1) / (H1 - L1 + .00001) * V1) / (AVGV2 * 2 + .00001) > ((2 * C2 - L2 - H2) / (H2 - L2 + .00001) * V2 + (2 * C3 - L3 - H3) / (H3 - L3 + .00001) * V3) / (AVGV2.2 * 2 + .00001)

Chaikin Money Flow
Chaikin Money Flow Indicator



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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