The description of his process seems more generalized to me than a particular %B setup. He seems to look for price being above or below the Bollinger Bands (%B above 1 or below 0), but then goes on to describe a wide variety of other things.
He lists several specific formulas near the end of the post which can be imported into TC2000 version 7 using the backup file in the link he gives (which could then be imported into TC2000 version 12.4).
He starts with %B. Note that you can also add %B to the chart, adjust its settings as desired and then click on it to select Create Scan Condition.
(C - AVGC20) / 4 / SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 + C11 ^ 2 + C12 ^ 2 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2 - 20 * AVGC20 ^ 2) / 20) + .5
He then mentions the first nine candlestick PCFs, by which I think he means the following.
Candle - Bearish Engulfing
MAXH5 = MAXH2 AND C1 > O1 AND C <= O1 AND O >= C1
Candle - Bullish Engulfing
MINL5 = MINL2 AND C1 < O1 AND C >= O1 AND O <= C1
Candle - Dark Cloud Cover
MAXH5 = H AND C1 > O1 AND O > C1 AND 2 * C <= C1 + O1 AND C > O1
Candle - Doji
ABS(O - C) / ((O + C) / 2) <= .003 AND (MAXH2 = MAXH5 OR MINL2 = MINL5)
Candle - Hammer
MINL5 = L AND (( (C > O) AND (O - L) >= (1.7 * ABS(O - C)) ) OR ((C < O) AND (C - L) >= (1.7 * ABS(O - C)) ) ) AND ( ( H - (C + O) / 2 ) < (((C + O) / 2) - L ) )
Candle - Hanging Man
(MAXH5 = H OR MAXH5 = H1) AND ( ( (C > O) AND (O - L) >= (1.7 * ABS(O - C)) ) OR ( (C < O) AND (C - L) >= (1.7 * ABS(O - C)) ) ) AND ( ( (O + C) / 2) - L) > 2 * (H - (O + C) / 2)
Candle - Inverted Hammer
(MINL5 = L OR MINL5 = L1) AND ((C > O) AND (H - C) >= (1.5 * ABS(O - C)) ) OR ( (C < O) AND (H - O) >= (1.5 * ABS(O - C)) ) AND 1.1 * ABS(O - C) > ABS( ( (C + O) / 2 ) - L) )
Candle - Piercing
MINL5 = L AND (C1 < O1) AND (O < L1) AND ( C >= (C1 + O1) / 2 ) AND C <= O1
Candle - Shooting Star
MAXH5 = H AND (((C > O) AND (H - C) >= (1.5 * ABS(O - C)) ) OR ( (C < O) AND (H - O) >= (1.5 * ABS(O - C)) ) ) AND 1.1 * ABS(H - C) > ABS( ( (C + O) / 2 ) - L) )
As well as some other specific formulas.
NR5 Bar
H - L < H1 - L1 AND H - L < H2 - L2 AND H - L < H3 - L3 AND H - L < H4 - L4 AND H - L < H5 - L5
NR7 Bar
H - L < H1 - L1 AND H - L < H2 - L2 AND H - L < H3 - L3 AND H - L < H4 - L4 AND H - L < H5 - L5 AND H - L < H6 - L6 AND H - L < H7 - L7
Recent new high
MAXH10 = MAXH250
Swing High 2
(H2 >= MAXH21) AND (H1 < H2) AND (H < H1)
Swing High 3
(H3 >= MAXH21) AND (H2 < H3) AND (H1 < H2) AND (H < H1)
Swing Low 2
(L2 <= MINL21) AND (L1 > L2) AND (L > L1)
Swing Low 3
(L3 <= MINL21) AND (L2 > L3) AND (L1 > L2) AND (L > L1)
-Bruce Personal Criteria Formulas TC2000 Support Articles
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