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srinibalram
Posted : Friday, October 25, 2013 11:27:55 AM
Registered User
Joined: 3/11/2012
Posts: 13

Hi Bruce,

Please let me know a PCf formula that indicates a price reversal on an annual chart.

Prices moving from a  down trend to a uptrend revrsal and price reversal moving down from an uptrend.

Thanking you in anticipation.

Srini

Bruce_L
Posted : Friday, October 25, 2013 11:46:59 AM


Worden Trainer

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

There are all sorts of techniques used to identify trend reversals. You can look for Swing High and Swing Low patterns, Pivot High and Pivot Low patterns, moving averages to be crossing through each other the +DI and -DI crossing in a Directional Movement indicator, the Linear Regression Slope crossing through zero as well as many other ideas. Any Personal Criteria Formula would depend on your particular definition.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
sha4dennis
Posted : Friday, October 25, 2013 1:46:29 PM
Platinum Customer Platinum Customer

Joined: 1/16/2011
Posts: 7

Can you provide me with a PCF Formula for Ichimolu Cloud:  Conversion Line going up through the base line   and    Conversion Line going down through the base line?  Thank You.

Bruce_L
Posted : Friday, October 25, 2013 1:51:32 PM


Worden Trainer

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

A Condition Formula for the Conversion Line crossing up through the Base Line could be written as:

MAXH9 + MINL9 > MAXH26 + MINL26 AND MAXH9.1 + MINL9.1 <= MAXH26.1 + MINL26.1

A Condition Formula for the Conversion Line crossing down through the Base Line could be written as:

MAXH9 + MINL9 < MAXH26 + MINL26 AND MAXH9.1 + MINL9.1 >= MAXH26.1 + MINL26.1



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
srinibalram
Posted : Friday, October 25, 2013 2:55:30 PM
Registered User
Joined: 3/11/2012
Posts: 13

QUOTE (Bruce_L)

There are all sorts of techniques used to identify trend reversals. You can look for Swing High and Swing Low patterns, Pivot High and Pivot Low patterns, moving averages to be crossing through each other the +DI and -DI crossing in a Directional Movement indicator, the Linear Regression Slope crossing through zero as well as many other ideas. Any Personal Criteria Formula would depend on your particular definition.

 

Thanks for the reply.

I was thinking of moving average or the stocasthics as the definition for getting a monthly trend reversal.

Is there a PCF that could be used.

Thanks in advance

Bruce_L
Posted : Friday, October 25, 2013 3:20:53 PM


Worden Trainer

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

Traditional techniques using moving averages or stochastics would involve checking for MACD crossing through its trigger line or 0 or stochastics crossing through its trigger line or through 80 or 20.

Understanding MACD
Understanding Stochastics

The trainers can't give setting, interpretation or investment advice. That said, common MACD settings would be an exponential MACD 12,26,9 and simple stochastics 14,3,3.

A Condition Formula for an exponential MACD 12,26 crossing down through its 9-period exponential moving average can be written as:

XAVGC12 - XAVGC26 < XAVG(XAVGC12,9) - XAVG(XAVGC26,9) AND XAVGC12.1 - XAVGC26.1 >= XAVG(XAVGC12.1,9) - XAVG(XAVGC26.1,9)

A Condition Formula for an exponential MACD 12,26 crossing up through its 9-period exponential moving average can be written as:

XAVGC12 - XAVGC26 > XAVG(XAVGC12,9) - XAVG(XAVGC26,9) AND XAVGC12.1 - XAVGC26.1 <= XAVG(XAVGC12.1,9) - XAVG(XAVGC26.1,9)

A Condition Formula for an exponential MACD 12,26 crossing down through 0 can be written as:

XAVGC12 < XAVGC26 AND XAVGC12.1 >= XAVGC26.1

A Condition Formula for an exponential MACD 12,26 crossing up through 0 can be written as:

XAVGC12 > XAVGC26 AND XAVGC12.1 <= XAVGC26.1

A Condition Formula for a simple stochastic 14,3 crossing down through its 3-period simple moving average can be written as:

STOC14.3 < AVG(STOC14.3,3) AND STOC14.3.1 >= AVG(STOC14.3.1,3)

A Condition Formula for a simple stochastic 14,3 crossing up through its 3-period simple moving average can be written as:

STOC14.3 > AVG(STOC14.3,3) AND STOC14.3.1 <= AVG(STOC14.3.1,3)

A Condition Formula for a simple stochastic 14,3 crossing down through 80 can be written as:

STOC14.3 < 80 AND STOC14.3.1 <= 80

A Condition Formula for a simple stochastic 14,3 crossing up through 20 can be written as:

STOC14.3 > 20 AND STOC14.3.1 <= 20



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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