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fuhr
Posted : Thursday, December 14, 2017 2:42:34 PM
Registered User
Joined: 9/27/2010
Posts: 29

As you know, TC2000 offers Heiken-Ashi charts.  These are very useful for showing persisting trends but use calculated rather than actual prices.

I would like to create an EasyScan that would alert me to incidences in a group of securities where there have been multiple periods where a security has closed the bars of a Heiken-Ashi chart at a lower price than it opened.  In other words, base the EasyScan on the derived Heiken-Ashi values rather than the actual values of the period.

Can you help me with this?

 

Dennis

Bruce_L
Posted : Thursday, December 14, 2017 3:00:42 PM


Worden Trainer

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

The following would check for closing below the open.

O + H + L + C < XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1

The following would check for closing below the open at least two bars in a row in TC2000 v17.

TrueInRow(O + H + L + C < XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1, 2) = 2

The following would check for closing below the open at least three bars in a row in TC2000 v17.

TrueInRow(O + H + L + C < XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1, 3) = 3

The following would check for closing below the open exactly three bars in a row in TC2000 v17.

TrueInRow(O + H + L + C < XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1, 4) = 3



-Bruce
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traderlady
Posted : Sunday, April 15, 2018 9:26:49 PM
Registered User
Joined: 10/7/2004
Posts: 1,178

Bruce, Can you offer a TrueInRow formula for a Heiken-Ashi candle with shadows below and above the body?

Bruce_L
Posted : Monday, April 16, 2018 10:20:17 AM


Worden Trainer

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

A condition formula to check if it is true for the current bar would be the following.

ABS((XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 2 - H - L) < H - L

A TrueInRow() function which counted the number of bars in a row which maxed out at 10 would be the following.

TrueInRow(ABS((XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 2 - H - L) < H - L, 10)

Checking for at least 2 bars in a row would be the following.

TrueInRow(ABS((XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 2 - H - L) < H - L, 2) = 2

Checking for at least 3 bars in a row would be the following.

TrueInRow(ABS((XAVGO3.1 + XAVGH3.1 + XAVGL3.1 + XAVGC3.1) / 2 - H - L) < H - L, 3) - 3



-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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