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keltner channel pcf Rate this Topic:
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turbohog
Posted : Wednesday, June 24, 2015 4:53:25 PM
Registered User
Joined: 1/18/2011
Posts: 17

Is there anyway to create a pcf for a close above a 20 xma 2,25 keltner channel that occured sometime in past 25 bars ?

if so can u also sow pcf or a close belo as well 

Thanks  Bill

 

 
Bruce_L
Posted : Wednesday, June 24, 2015 5:44:52 PM


Worden Trainer

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

I can't think of a way to create reasonably sized Condition Formula for this, but we should still be able to create a condition to do what you want.

Start by creating a Custom PCF Indicator with the following Formula.

(C - (XAVGC20 + XAVGH20 + XAVGL20) / 3) / (XAVGH20 - XAVGL20 + .095324514 * ((H < C1) * (H - C1) + (C1 < L) * (C1 - L) + 19 / 21 * ((H1 < C2) * (H1 - C2) + (C2 < L1) * (C2 - L1) + 19 / 21 * ((H2 < C3) * (H2 - C3) + (C3 < L2) * (C3 - L2) + 19 / 21 * ((H3 < C4) * (H3 - C4) + (C4 < L3) * (C4 - L3) + 19 / 21 * ((H4 < C5) * (H4 - C5) + (C5 < L4) * (C5 - L4) + 19 / 21 * ((H5 < C6) * (H5 - C6) + (C6 < L5) * (C6 - L5) + 19 / 21 * ((H6 < C7) * (H6 - C7) + (C7 < L6) * (C7 - L6) + 19 / 21 * ((H7 < C8) * (H7 - C8) + (C8 < L7) * (C8 - L7) + 19 / 21 * ((H8 < C9) * (H8 - C9) + (C9 < L8) * (C9 - L8) + 19 / 21 * ((H9 < C10) * (H9 - C10) + (C10 < L9) * (C10 - L9) + 19 / 21 * ((H10 < C11) * (H10 - C11) + (C11 < L10) * (C11 - L10) + 19 / 21 * ((H11 < C12) * (H11 - C12) + (C12 < L11) * (C12 - L11) + 19 / 21 * ((H12 < C13) * (H12 - C13) + (C13 < L12) * (C13 - L12) + 19 / 21 * ((H13 < C14) * (H13 - C14) + (C14 < L13) * (C14 - L13) + 19 / 21 * ((H14 < C15) * (H14 - C15) + (C15 < L14) * (C15 - L14) + 19 / 21 * ((H15 < C16) * (H15 - C16) + (C16 < L15) * (C16 - L15) + 19 / 21 * ((H16 < C17) * (H16 - C17) + (C17 < L16) * (C17 - L16) + 19 / 21 * ((H17 < C18) * (H17 - C18) + (C18 < L17) * (C18 - L17) + 19 / 21 * ((H18 < C19) * (H18 - C19) + (C19 < L18) * (C19 - L18) + 19 / 21 * ((H19 < C20) * (H19 - C20) + (C20 < L19) * (C20 - L19) + 19 / 21 * ((H20 < C21) * (H20 - C21) + (C21 < L20) * (C21 - L20) + 19 / 21 * ((H21 < C22) * (H21 - C22) + (C22 < L21) * (C22 - L21) + 19 / 21 * ((H22 < C23) * (H22 - C23) + (C23 < L22) * (C23 - L22) + 19 / 21 * ((H23 < C24) * (H23 - C24) + (C24 < L23) * (C24 - L23) + 19 / 21 * ((H24 < C25) * (H24 - C25) + (C25 < L24) * (C25 - L24) + 19 / 21 * ((H25 < C26) * (H25 - C26) + (C26 < L25) * (C26 - L25) + 19 / 21 * ((H26 < C27) * (H26 - C27) + (C27 < L26) * (C27 - L26) + 19 / 21 * ((H27 < C28) * (H27 - C28) + (C28 < L27) * (C28 - L27) + 19 / 21 * ((H28 < C29) * (H28 - C29) + (C29 < L28) * (C29 - L28) + 19 / 21 * ((H29 < C30) * (H29 - C30) + (C30 < L29) * (C30 - L29) + 19 / 21 * ((H30 < C31) * (H30 - C31) + (C31 < L30) * (C31 - L30) + 19 / 21 * ((H31 < C32) * (H31 - C32) + (C32 < L31) * (C32 - L31) + 19 / 21 * ((H32 < C33) * (H32 - C33) + (C33 < L32) * (C33 - L32) + 19 / 21 * ((H33 < C34) * (H33 - C34) + (C34 < L33) * (C34 - L33) + 19 / 21 * ((H34 < C35) * (H34 - C35) + (C35 < L34) * (C35 - L34) + 19 / 21 * ((H35 < C36) * (H35 - C36) + (C36 < L35) * (C36 - L35) + 19 / 21 * ((H36 < C37) * (H36 - C37) + (C37 < L36) * (C37 - L36) + 19 / 21 * ((H37 < C38) * (H37 - C38) + (C38 < L37) * (C38 - L37) + 19 / 21 * ((H38 < C39) * (H38 - C39) + (C39 < L38) * (C39 - L38) + 19 / 21 * ((H39 < C40) * (H39 - C40) + (C40 < L39) * (C40 - L39) + 19 / 21 * ((H40 < C41) * (H40 - C41) + (C41 < L40) * (C41 - L40) + 19 / 21 * ((H41 < C42) * (H41 - C42) + (C42 < L41) * (C42 - L41) + 19 / 21 * ((H42 < C43) * (H42 - C43) + (C43 < L42) * (C43 - L42) + 19 / 21 * ((H43 < C44) * (H43 - C44) + (C44 < L43) * (C44 - L43) + 19 / 21 * ((H44 < C45) * (H44 - C45) + (C45 < L44) * (C45 - L44) + 19 / 21 * ((H45 < C46) * (H45 - C46) + (C46 < L45) * (C46 - L45) + 19 / 21 * ((H46 < C47) * (H46 - C47) + (C47 < L46) * (C47 - L46) + 19 / 21 * ((H47 < C48) * (H47 - C48) + (C48 < L47) * (C48 - L47) + 19 / 21 * ((H48 < C49) * (H48 - C49) + (C49 < L48) * (C49 - L48) + 19 / 21 * ((H49 < C50) * (H49 - C50) + (C50 < L49) * (C50 - L49) + 19 / 21 * ((H50 < C51) * (H50 - C51) + (C51 < L50) * (C51 - L50) + 19 / 21 * ((H51 < C52) * (H51 - C52) + (C52 < L51) * (C52 - L51) + 19 / 21 * ((H52 < C53) * (H52 - C53) + (C53 < L52) * (C53 - L52) + 19 / 21 * ((H53 < C54) * (H53 - C54) + (C54 < L53) * (C54 - L53) + 19 / 21 * ((H54 < C55) * (H54 - C55) + (C55 < L54) * (C55 - L54) + 19 / 21 * ((H55 < C56) * (H55 - C56) + (C56 < L55) * (C56 - L55) + 19 / 21 * ((H56 < C57) * (H56 - C57) + (C57 < L56) * (C57 - L56) + 19 / 21 * ((H57 < C58) * (H57 - C58) + (C58 < L57) * (C58 - L57) + 19 / 21 * ((H58 < C59) * (H58 - C59) + (C59 < L58) * (C59 - L58) + 19 / 21 * ((H59 < C60) * (H59 - C60) + (C60 < L59) * (C60 - L59) + 19 / 21 * ((H60 < C61) * (H60 - C61) + (C61 < L60) * (C61 - L60) + 19 / 21 * ((H61 < C62) * (H61 - C62) + (C62 < L61) * (C62 - L61) + 19 / 21 * ((H62 < C63) * (H62 - C63) + (C63 < L62) * (C63 - L62) + 19 / 21 * ((H63 < C64) * (H63 - C64) + (C64 < L63) * (C64 - L63) + 19 / 21 * ((H64 < C65) * (H64 - C65) + (C65 < L64) * (C65 - L64) + 19 / 21 * ((H65 < C66) * (H65 - C66) + (C66 < L65) * (C66 - L65) + 19 / 21 * ((H66 < C67) * (H66 - C67) + (C67 < L66) * (C67 - L66) + 19 / 21 * ((H67 < C68) * (H67 - C68) + (C68 < L67) * (C68 - L67) + 19 / 21 * ((H68 < C69) * (H68 - C69) + (C69 < L68) * (C69 - L68) + 19 / 21 * ((H69 < C70) * (H69 - C70) + (C70 < L69) * (C70 - L69))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))

Now add Donchian Channels the Custom PCF Indicator with the Period set to 25 and the Offset set to 0 (or 1 if you don't want to include the current bar).

Now click on the Donchian Channels and select Create Scan Condition. In this case we want the condition to be for Chan Top - Greater Than 2.25. We can select Scan in New Window to create a new EasyScan based on our new condition.

Create Conditions from Your Chart (5:25)
Building a Scan with Multiple Conditions (7:29)

The basic concept is reversible. Just check for the Chan Bottom - Less than -2.25 instead.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
turbohog
Posted : Thursday, June 25, 2015 7:58:24 PM
Registered User
Joined: 1/18/2011
Posts: 17

OMG   I was about to respond with no not donchian channels,   i said keltner channels.  then I tried it your way and it works perfectly.    Thank you for your brilliance      you deserve a  raise.

Bruce_L
Posted : Friday, June 26, 2015 10:29:14 AM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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