Registered User
Joined: 4/28/2016
Posts: 4
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Hi,
I'm trying to figure out how to create the two formulas listed below for TC2000. Any assistance would be greatly appreciated!
3% Gap Up (3% or greater gap up at the open)
3% Gap Down (3% or greater gap down at the open)
Thanks!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The following Condition Formula for the 3% Gap Up assumes you mean between the close of the previous bar and the open of the current bar.
O >= 1.03 * C1
As does the following Condition Formula for the 3% Gap Down.
O <= .97 * C1
If the open must be above the previous high for a gap up, then you would replace the C in the formula with an H in the first formula and with an L in the second formula. If the low must be above the previous high for a gap up, then you would also replace the O in the first formula with an L and with an H in the second formula.
How to create and save a Condition (PCF) Formula
-Bruce
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