Registered User Joined: 5/27/2014 Posts: 12
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Hi There,
I am trying to build up a condition for when a certain stock breaks down the lower band of a bollinger band.
I would like to associate that with an alert.
can you please help me with this condition?
is there a ready made formula i can use?
thanks
Andrea
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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If you are using simple Bollinger Bands 20, 2.00, a Condition Formula could be written as follows in TC2000 v17.
XDOWN(C, BBBOT(2, 20))
Or as follows in earlier versions of TC2000.
C < AVGC20 - 2 * SQR(ABS(C ^ 2 + C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 + C11 ^ 2 + C12 ^ 2 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2 - 20 * AVGC20 ^ 2) / 20) AND C1 >= AVGC20.1 - 2 * SQR(ABS(C1 ^ 2 + C2 ^ 2 + C3 ^ 2 + C4 ^ 2 + C5 ^ 2 + C6 ^ 2 + C7 ^ 2 + C8 ^ 2 + C9 ^ 2 + C10 ^ 2 + C11 ^ 2 + C12 ^ 2 + C13 ^ 2 + C14 ^ 2 + C15 ^ 2 + C16 ^ 2 + C17 ^ 2 + C18 ^ 2 + C19 ^ 2 + C20 ^ 2 - 20 * AVGC20.1 ^ 2) / 20)
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 5/27/2014 Posts: 12
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ok, thanks very much,
I will try it.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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