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Registered User
Joined: 10/7/2004
Posts: 1,178
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HMNY -- best short trade from my Short Easy Scan today.
What I would like now, using a daily timeframe is...
in percentage terms Yesterday's Low near to (or equal to) a today's High.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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How far yesterday's low is above or below today's high as a percentage of today's high.
100 * (L1 / H - 1)
How far yesterday's low is above or below today's high as a percentage of the two day range.
100 * (L1 - H) / (MAXH2 - MINL2)
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/7/2004
Posts: 1,178
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The 1 minute below works fine for aiding in decision for short trades.
100 * (L1 / H - 1)
Now let's look at long trades taking TWTR as an example.
Yesterdays High was $17.78. Today's Low was $17.73.
So, the H1 is veryclose to the L1.
Please provide a similar PCF Indicator to the above for longs.
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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I really have no idea what you want.
You mention H1 as being very close to L1. Comparing those would just involve replacing H with H1.
100 * (L1 / H1 - 1)
But you also seem to want to reverse the original "short" formula into a "long" formula, which I am guessing would be more like the following.
100 * (H1 / L - 1)
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 10/7/2004
Posts: 1,178
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With your math, I was able to tweek these PCF Indicators to my criteria. Thanks, again.
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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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