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jlin827
Posted : Sunday, August 31, 2014 12:05:36 AM
Registered User
Joined: 5/20/2005
Posts: 178

Dear Trainers,

I created a pcf trying to find stocks that are in a downtrend and have gone up the past 7 days with lower volume comparing to the avg volume of the last 21 days before the 7 day rally.  Can you tell me if I have written this pcf correctly

AVGV7<AVGV21.7

 

thanks,

james

 

Bruce_L
Posted : Tuesday, September 2, 2014 10:45:40 AM


Worden Trainer

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

Your Condition Formula checks for the average volume of the most recent 7 bars to be below the average volume of the 21 bars ending 7 bars ago. This reads to me like it is what you want to do.



-Bruce
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