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Registered User Joined: 12/30/2012 Posts: 39
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Need PCF for Bullish Engulfing Candlestick both on day and weekly. Thank you.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The Bullish Engulfing Condition Formula given in the Boolean PCFs for Candlestick Patterns topic is:
(O1>C1) AND (C-O)>=.7*(H-L) AND (C>O1) AND (O=1.2*(AVGH10-AVGL10)
You would use the same formula for both daily and weekly in TC2000 version 12.4. The difference would be in if the Time Frame drop-down menu was set to Daily or Weekly when you create or edit the Condition Formula.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 12/30/2012 Posts: 39
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Hi Bruce
I can't get this to work - it says "unmatched parentheses at position 50".
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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It appears to be interpreting some of the < and > symbols in the formula as markup. I'm going to edit it a bit re-arrange the spaces and parentheses to see if I can post a version that isn't missing parts of the formula.
O1 > C1 AND C - O >= .7 * (H - L) AND C > O1 AND O < C1 AND H - L >= 1.2 * (AVGH10 - AVGL10)
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 12/30/2012 Posts: 39
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Thanks Bruce, that works!
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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