Download software Tutorial videos
Subscription & data-feed pricing Class schedule


New account application Trading resources
Margin rates Stock & option commissions

Attention: Discussion forums are read-only for extended maintenance until further notice.
Welcome Guest, please sign in to participate in a discussion. Search | Active Topics |

AVERAGE TRUE RANGE PCF Rate this Topic:
Previous Topic · Next Topic Watch this topic · Print this topic ·
turbohog
Posted : Saturday, June 27, 2015 3:51:13 PM
Registered User
Joined: 1/18/2011
Posts: 17


Hi,  im looking to create a contracting volitity pcf where the 5 day ATR is less than half of the 40 day atr

i tried it but its not right   can you please help me get it right?   Thanks Bill

Bruce_L
Posted : Monday, June 29, 2015 11:59:20 AM


Worden Trainer

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

Please try the following Condition Formula.

((AVGH5 - AVGL5) / 2 + (ABS(H - C1) + ABS(C1 - L) + ABS(H1 - C2) + ABS(C2 - L1) + ABS(H2 - C3) + ABS(C3 - L2) + ABS(H3 - C4) + ABS(C4 - L3) + ABS(H4 - C5) + ABS(C5 - L4)) / 10) < ((AVGH40 - AVGL40) / 2 + (ABS(H - C1) + ABS(C1 - L) + ABS(H1 - C2) + ABS(C2 - L1) + ABS(H2 - C3) + ABS(C3 - L2) + ABS(H3 - C4) + ABS(C4 - L3) + ABS(H4 - C5) + ABS(C5 - L4) + ABS(H5 - C6) + ABS(C6 - L5) + ABS(H6 - C7) + ABS(C7 - L6) + ABS(H7 - C8) + ABS(C8 - L7) + ABS(H8 - C9) + ABS(C9 - L8) + ABS(H9 - C10) + ABS(C10 - L9) + ABS(H10 - C11) + ABS(C11 - L10) + ABS(H11 - C12) + ABS(C12 - L11) + ABS(H12 - C13) + ABS(C13 - L12) + ABS(H13 - C14) + ABS(C14 - L13) + ABS(H14 - C15) + ABS(C15 - L14) + ABS(H15 - C16) + ABS(C16 - L15) + ABS(H16 - C17) + ABS(C17 - L16) + ABS(H17 - C18) + ABS(C18 - L17) + ABS(H18 - C19) + ABS(C19 - L18) + ABS(H19 - C20) + ABS(C20 - L19) + ABS(H20 - C21) + ABS(C21 - L20) + ABS(H21 - C22) + ABS(C22 - L21) + ABS(H22 - C23) + ABS(C23 - L22) + ABS(H23 - C24) + ABS(C24 - L23) + ABS(H24 - C25) + ABS(C25 - L24) + ABS(H25 - C26) + ABS(C26 - L25) + ABS(H26 - C27) + ABS(C27 - L26) + ABS(H27 - C28) + ABS(C28 - L27) + ABS(H28 - C29) + ABS(C29 - L28) + ABS(H29 - C30) + ABS(C30 - L29) + ABS(H30 - C31) + ABS(C31 - L30) + ABS(H31 - C32) + ABS(C32 - L31) + ABS(H32 - C33) + ABS(C33 - L32) + ABS(H33 - C34) + ABS(C34 - L33) + ABS(H34 - C35) + ABS(C35 - L34) + ABS(H35 - C36) + ABS(C36 - L35) + ABS(H36 - C37) + ABS(C37 - L36) + ABS(H37 - C38) + ABS(C38 - L37) + ABS(H38 - C39) + ABS(C39 - L38) + ABS(H39 - C40) + ABS(C40 - L39)) / 80) / 2

5 day Average True Range
Create PCF Formula



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
turbohog
Posted : Monday, June 29, 2015 1:41:43 PM
Registered User
Joined: 1/18/2011
Posts: 17


Thanks Bruce that worked great.   Is it possible to make that same scan but with it being true 1 bar ago?

If not then I can just make a watch list to follow.   Thanks in advance, Bill.

 
Bruce_L
Posted : Monday, June 29, 2015 1:48:26 PM


Worden Trainer

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

Yes we can do so by adding 1 to all of the bars ago parameters.

((AVGH5.1 - AVGL5.1) / 2 + (ABS(H1 - C2) + ABS(C2 - L1) + ABS(H2 - C3) + ABS(C3 - L2) + ABS(H3 - C4) + ABS(C4 - L3) + ABS(H4 - C5) + ABS(C5 - L4) + ABS(H5 - C6) + ABS(C6 - L5)) / 10) < ((AVGH40.1 - AVGL40.1) / 2 + (ABS(H1 - C2) + ABS(C2 - L1) + ABS(H2 - C3) + ABS(C3 - L2) + ABS(H3 - C4) + ABS(C4 - L3) + ABS(H4 - C5) + ABS(C5 - L4) + ABS(H5 - C6) + ABS(C6 - L5) + ABS(H6 - C7) + ABS(C7 - L6) + ABS(H7 - C8) + ABS(C8 - L7) + ABS(H8 - C9) + ABS(C9 - L8) + ABS(H9 - C10) + ABS(C10 - L9) + ABS(H10 - C11) + ABS(C11 - L10) + ABS(H11 - C12) + ABS(C12 - L11) + ABS(H12 - C13) + ABS(C13 - L12) + ABS(H13 - C14) + ABS(C14 - L13) + ABS(H14 - C15) + ABS(C15 - L14) + ABS(H15 - C16) + ABS(C16 - L15) + ABS(H16 - C17) + ABS(C17 - L16) + ABS(H17 - C18) + ABS(C18 - L17) + ABS(H18 - C19) + ABS(C19 - L18) + ABS(H19 - C20) + ABS(C20 - L19) + ABS(H20 - C21) + ABS(C21 - L20) + ABS(H21 - C22) + ABS(C22 - L21) + ABS(H22 - C23) + ABS(C23 - L22) + ABS(H23 - C24) + ABS(C24 - L23) + ABS(H24 - C25) + ABS(C25 - L24) + ABS(H25 - C26) + ABS(C26 - L25) + ABS(H26 - C27) + ABS(C27 - L26) + ABS(H27 - C28) + ABS(C28 - L27) + ABS(H28 - C29) + ABS(C29 - L28) + ABS(H29 - C30) + ABS(C30 - L29) + ABS(H30 - C31) + ABS(C31 - L30) + ABS(H31 - C32) + ABS(C32 - L31) + ABS(H32 - C33) + ABS(C33 - L32) + ABS(H33 - C34) + ABS(C34 - L33) + ABS(H34 - C35) + ABS(C35 - L34) + ABS(H35 - C36) + ABS(C36 - L35) + ABS(H36 - C37) + ABS(C37 - L36) + ABS(H37 - C38) + ABS(C38 - L37) + ABS(H38 - C39) + ABS(C39 - L38) + ABS(H39 - C40) + ABS(C40 - L39) + ABS(H40 - C41) + ABS(C41 - L40)) / 80) / 2



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
turbohog
Posted : Monday, June 29, 2015 2:21:59 PM
Registered User
Joined: 1/18/2011
Posts: 17

EXCELLENT THAT WORKED PERFECTLY.     Thanks Bruce   you really are an expert.

Bruce_L
Posted : Monday, June 29, 2015 2:23:22 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
Users browsing this topic
Guest-1

Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.