Registered User Joined: 12/7/2012 Posts: 9
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I hope you can help me.
I have a list I watch and am looking for alerts when a couple different conditions are met.
1st alert - When the FT6 is above 0 and the EWO is below 0 on a 1 min chart.
2nd alert - When the FT6 is below 0 and the EWO is above 0 on a 1 min chart.
3rd alert - When the EWO 1 min is above 0 and the EWO 2 min is below 0.
4th alert - When the EWO 1 min is below 0 and the EWO 2 min is above 0.
Thank you,
bkl
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I cannot create an Indicator Formula for Fisher Transform 6 which is short and fast enough to be practical or post in the forums. An explanation of the indicator along with a pseudo-formula is contained in the fisher transform(10) topic however.
The Elliot Wave Oscillator is just a Simple MACD 5,35. So we could create a Condition Formula for EWO being above zero as:
AVGC5 > AVGC35
And a Condition Formula for EWO being below zero as:
AVGC5 < AVGC35
Understanding MACD
That said, it is not possible to mix time frames in the Personal Criteria Formula Language, so we cannot check both the 1 minute time frame and the 2 minute time frame in the same PCF.
We can however mix time frames in an EasyScan, which leads us to the best way to check for your requirements.
Start by adding the indicators to the chart and adjusting their settings as desired. Then click on the indicators and select Create Scan Condition to create the Conditions upon which the EasyScan will be based. Once you have all of the Conditions created, you can add them to the same EasyScan as EasyScan Conditions. There is an option to set the time frame of each individual EasyScan Condition when creating and editing the EasyScan.
Create Conditions from Your Chart
Building a Scan with Multiple Conditions
-Bruce Personal Criteria Formulas TC2000 Support Articles
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