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phsfamily
Posted : Friday, May 19, 2017 8:07:47 AM
Registered User
Joined: 2/11/2015
Posts: 22

I am looking for Formula for : Price surging up Or Down for last 5-10 days followed by narrow body with wick on high and Low (Narrow Body with Wick on both side)

 

 

2)  Price surging Up Or Down Followed by narrow range candle .

 

 

 

Thank You

Bruce_L
Posted : Friday, May 19, 2017 12:57:31 PM


Worden Trainer

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

I am really not quite sure how to define a "surge". If we just want to check for the price being up at least 5 days in a row with the last candle having a body less than 10% of the candle size and both an an upper and lower wick, then you could use the following for surging up in TC2000 v17.

TrueInRow(C > C1, 5) = 5 AND 10 * ABS(O - C) <= H - L AND L < LEAST(O, C) AND GREATEST(O, C) < H

Surging down would just reverse the C > C1 to a C < C1.

TrueInRow(C < C1, 5) = 5 AND 10 * ABS(O - C) <= H - L AND L < LEAST(O, C) AND GREATEST(O, C) < H

But if you have different definitions in mind, then the formulas would need to change as well.



-Bruce
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