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SILVERWESOKE
Posted : Friday, October 25, 2013 2:43:13 PM
Gold Customer Gold Customer

Joined: 6/29/2005
Posts: 885

Hi again Bruce

Is it possible to write a pcf  condition stating the CLOSE is above the cloud?  How would this be written.?

Thanks!

Bruce_L
Posted : Friday, October 25, 2013 2:50:17 PM


Worden Trainer

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

Please try the following Condition Formula:

C > (MAXH9.26 + MINL9.26 + MAXH26.26 + MINL26.26) / 4 AND C > (MAXH52.26 + MINL52.26) / 2



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
SILVERWESOKE
Posted : Friday, October 25, 2013 3:03:35 PM
Gold Customer Gold Customer

Joined: 6/29/2005
Posts: 885

Terrific.. Thanks!

sha4dennis
Posted : Friday, October 25, 2013 3:10:18 PM
Platinum Customer Platinum Customer

Joined: 1/16/2011
Posts: 7

Hi Bruce, Is it possible to write a PCF Formula for Ichimoku Cloud the Convervsion Line Going up through the Base Line?  and also going down through the base line?  Thank you Dennis

Bruce_L
Posted : Friday, October 25, 2013 3:12:01 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
sha4dennis
Posted : Friday, October 25, 2013 3:32:37 PM
Platinum Customer Platinum Customer

Joined: 1/16/2011
Posts: 7

Thanks Bruce!!!  it works great!  sorry i posted twice.  new to this chat.   Dennis

sha4dennis
Posted : Friday, October 25, 2013 11:35:53 PM
Platinum Customer Platinum Customer

Joined: 1/16/2011
Posts: 7

Hi Bruce,  do you have a PCF for a Bearish Engulfing, Bearish Hammer, Bearish Moring Star and a Bearish Piercing?

Bruce_L
Posted : Monday, October 28, 2013 8:37:40 AM


Worden Trainer

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

I'm not a candlestick guy, but you might want to take a look at the Boolean PCFs for Candlestick Patterns topic.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
sha4dennis
Posted : Monday, October 28, 2013 10:32:56 AM
Platinum Customer Platinum Customer

Joined: 1/16/2011
Posts: 7

Hi Bruce,  How would you write a formula for ichimoku Conversion Line passing up through the Base Line  ABOVE the cloud?  Also, Conversion Line passing down through the Base Line BELOW the cloud?   Thank you for all your help!!!    Dennis

Bruce_L
Posted : Monday, October 28, 2013 10:53:05 AM


Worden Trainer

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

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

MAXH9 + MINL9 > MAXH26 + MINL26 AND MAXH9.1 + MINL9.1 <= MAXH26.1 + MINL26.1 AND (MAXH26 + MINL26) / 2 > (MAXH9.26 + MINL9.26 + MAXH26.26 + MINL26.26) / 4 AND (MAXH26 + MINL26) / 2 > (MAXH52.26 + MINL52.26) / 2

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

MAXH9 + MINL9 < MAXH26 + MINL26 AND MAXH9.1 + MINL9.1 >= MAXH26.1 + MINL26.1 AND (MAXH26 + MINL26) / 2 < (MAXH9.26 + MINL9.26 + MAXH26.26 + MINL26.26) / 4 AND (MAXH26 + MINL26) / 2 < (MAXH52.26 + MINL52.26) / 2



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
sha4dennis
Posted : Monday, October 28, 2013 12:46:41 PM
Platinum Customer Platinum Customer

Joined: 1/16/2011
Posts: 7

Thanks Bruce!!! Your Awesome!

sha4dennis
Posted : Tuesday, October 29, 2013 2:20:43 PM
Platinum Customer Platinum Customer

Joined: 1/16/2011
Posts: 7

Hi Bruce,  Do you have a PCF Formula for such things as  "Head and Shoulder", "Cup and Handle", "Saucer and Handle", Flag paterns, Wedges, and etc.?    Thanks Dennis

Bruce_L
Posted : Tuesday, October 29, 2013 2:24:18 PM


Worden Trainer

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

You may wish to review the following for information on pattern recognition in TC2000 (concentrating on topics mentioning head and shoulders or cup and handle):

Falling wedge
Cup with a handle formation
PCF for cup with a handle
Scanning for Chart Patterns
Scanning for Stocks Printing a Double or Triple Bottom
PCFs for pennants and flags
PCF's for Triangles
Does TeleChart support Elliott Wave indicators?
Double top/bottom trend
Finding Double Tops and Double Bottoms
CUP AND HANDLE AGAIN
Finding Continuation Triangles And Wedges With Telechart
Cup & Handle PCF
Double tops and bottoms
Flag wedge and pennant pcf
05/01/2012 Webinar: Trading the Flag and Pennant Patterns
Head and shoulders
TC 2000 Bull flags, Bear Flags
PCF for rounded bottom trading

That said, I personally do not think complex pattern recognition is practical in TC2000 using formulas and Scans.

They are at the very least beyond my abilities to help you create without a specific unambiguous objective definition of what you are attempting to identify. It can't be an I know it when I see it type of definition or be based entirely on an image.

This is true of pattern recognition in general with the exception of fixed size candlestick patterns, which are fairly straightforward as long as the pattern is well defined:

Boolean PCFs for Candlestick Patterns



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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