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Narrow range or abs(bar range) within 5% for 4 consecutive days Rate this Topic:
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IsItPossible
Posted : Saturday, December 23, 2017 10:45:43 AM
Registered User
Joined: 7/7/2008
Posts: 115

How to create such a pcf? v17 as well as v12

1. Bar range (H-L) should be within 5%

2. For 4 consecutive days

 

Any help is much appreciated, thx.

Bruce_L
Posted : Tuesday, December 26, 2017 10:19:37 AM


Worden Trainer

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

If each bar needs to have a 5% range or less but the range of all 4 bars can be more than 5%, you could use the following in TC2000 v17+.

TrueInRow(H <= 1.05 * L, 4) = 4

And the following in earlier versions of TC2000.

H <= 1.05 * L AND H1 <= 1.05 * L1 AND H2 <= 1.05 * L2 AND H3 <= 1.05 * L3

If the entire range of all four bars needs to be less than or equal to 5%:

MAXH4 <= 1.05 * MINL4



-Bruce
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IsItPossible
Posted : Wednesday, December 27, 2017 9:42:21 PM
Registered User
Joined: 7/7/2008
Posts: 115

Thanks.

Bruce_L
Posted : Thursday, December 28, 2017 10:16:00 AM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
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