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Registered User Joined: 1/10/2013 Posts: 91
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Need a pcf for th following:
5 ma > 8 ma > 13 ma and
separating from each other meaning the distance between them is getting wider. (By as little as .01 or more)
please do this for the last candle not the current candle forming.
Thanks in advance
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Please try the following Condition Formula.
AVGC5.1 > AVGC8.1 AND AVGC8.1 > AVGC13.1 AND AVGC5.1 - AVGC8.1 > AVGC5.2 - AVGC8.2 AND AVGC8.1 - AVGC13.1 > AVGC8.2 - AVGC13.2
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 1/10/2013 Posts: 91
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Thanks for the quick reply!!
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Registered User Joined: 6/12/2016 Posts: 5
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Hi Bruce,
So AVGC5 means the average close over the last 5 days, correct? But what about the .1, .2 and .3?
What do they represent?
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Registered User Joined: 6/12/2016 Posts: 5
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Nevermind, I found it.
Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I am happy to read you found it, but for anybody else folliwing the topic, it is the number of bars ago.
So AVGC5.3 would be the 5 period simple moving average of closing price from 3 bars ago.
Simple Moving Average (SMA)
-Bruce Personal Criteria Formulas TC2000 Support Articles
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