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brooklyn040509
Posted : Tuesday, September 04, 2018 12:01:49 PM
Registered User
Joined: 2/27/2018
Posts: 8

Hello Bruce,

 

Not sure if I'm writing my question in the right place, but here goes nothing. I'm looking to see if you knew how to create a PCF for finding stocks that open and move up 3% or more on a one min chart?

 

Thanks,

Jim 

Bruce_L
Posted : Tuesday, September 04, 2018 1:06:56 PM


Worden Trainer

Joined: 10/7/2004
Posts: 64,136

You can check for price being at least 3% above the open using the following condion formula set to use a daily time frame.

C >= 1.03 * O

If price just needs to have gotten to this level at some point during the trading day:

H >= 1.03 * O

You could use the same formula in a 1-minute time frame to check for a 3% price change during the current 1-minute bar, but there isn't a way to reference the open of the trading day in a 1-minute PCF (but you can just use the daily time frame formulas).



-Bruce
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brooklyn040509
Posted : Tuesday, September 04, 2018 2:38:00 PM
Registered User
Joined: 2/27/2018
Posts: 8

Awesome thanks Bruce for your help!!!!!

Bruce_L
Posted : Tuesday, September 04, 2018 2:50:26 PM


Worden Trainer

Joined: 10/7/2004
Posts: 64,136

You're welcome.



-Bruce
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